The Gujarat Electricity Regulatory Commission (GERC) has approved Gujarat Urja Vikas Nigam Limited’s (GUVNL) petition for procurement of 500 MW of Firm and Dispatchable Renewable Energy (FDRE) integrated with Energy Storage Systems (ESS), along with a greenshoe option for an additional 500 MW. The order, issued on May 8, 2026 in Petition No. 2098 of…
On February 6, 2026, ACME Solar disclosed that it had secured a 301 MW/1,204 MWh assured peak supply project in an e-reverse auction conducted by the Solar Energy Corporation of India under its Firm and Dispatchable Renewable Energy Phase VII (FDRE-VII) tender. The company said the award increases its total contracted portfolio to 8,071 MW…
Reliance Power Limited’s wholly-owned subsidiary, Reliance NU Energies Private Limited, has received a Letter of Award from SJVN Limited for a 750 MW / 3,000 MWh Firm and Dispatchable Renewable Energy (FDRE) project. The award, issued on November 10, 2025, marks the largest single allocation under SJVN’s 1,500 MW / 6,000 MWh FDRE tender. The…
Juniper Green Energy Limited has entered a power purchase agreement (PPA) with Tata Power for a 70 MW firm and dispatchable renewable energy (FDRE) project through its subsidiary, Juniper Green Sigma Eight. The project, based in Maharashtra, will include 180 MWp of combined solar and wind capacity, paired with a 280 MWh battery energy storage system. Power supply…
ACME Solar Holdings Ltd has received a letter of award for developing a 50 MW firm and dispatchable renewable energy (FDRE) project at a tariff of Rs 4.43 per unit. The award came under Tata Power Company Limited’s 250 MW FDRE tender conducted by its distribution arm Tata Power-D. The FDRE tender was carried out…
Tata Power Delhi Distribution Limited (TPDDL) has allocated 250 MW of firm and dispatchable renewable energy (FDRE) projects with storage to four developers. The tender, floated in April 2025, concluded after four months with tariff discovery in the range of Rs 4.76–Rs 4.77/kWh. Juniper Green Energy secured 70 MW at Rs 4.76/kWh, while Navayuga Engineering…
JSW Energy’s unit, JSW Neo Energy, has signed a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 230 megawatts (MW) of firm and dispatchable renewable energy (FDRE) from interstate transmission system (ISTS)-connected projects across India. The PPA, secured under SECI’s FDRE Tranche IV scheme, is JSW’s first agreement…
Blupine Energy Private Limited has achieved financial closure for its 150 MW firm and dispatchable renewable energy (FDRE) project in Aland, Karnataka. The company has secured debt funding worth Rs 24.16 billion from Standard Chartered Bank. Standard Chartered served multiple roles in the transaction. It was the mandated lead arranger, lender, sole green coordinator, and…
ACME Solar Holdings Private Limited has signed a 25-year power purchase agreement (PPA) with NHPC Limited for a 250 MW firm and dispatchable renewable energy (FDRE) project in Rajasthan. The agreement was signed on June 20, 2025. The agreement has been signed at a tariff of Rs 4.56 per kWh. The project is required to…