Hero Solar Energy, Ganeko Solar (Zelestra), Juniper Green Energy, ReNew, and Avaada have emerged as winners in SJVN’s auction for supplying 1,200 MW of firm and dispatchable power. The power will come from inter-state transmission system (ISTS)-connected renewable energy projects with energy storage systems, under the FDRE II competitive bidding. Juniper, ReNew, Zelestra, and Hero secured 200 MW, 150 MW, 140 MW, and 120 MW, respectively, at Rs 4.25 per kWh. Avaada was awarded 590 MW at Rs 4.26 per kWh.
The tender mandates the use of proven technologies to minimize risks and ensure timely project delivery. Wind turbines and solar photovoltaic modules must be selected from government-approved lists. This follows SJVN Green Energy’s recent solar project tenders, including a 75 MW project in Banka, Bihar, and a 1,200 MW ISTS-connected wind-solar hybrid project request.