AMPIN, Juniper, JSW, Avaada Among Winners in SJVN’s 1.5 GW Hybrid Power Auction

AMPIN Energy, Ganeko Solar (Solarpack), Inaayu Renewables (EverGreen Power), Juniper Green Energy, Datta Power Infra, JSW Neo Energy, and Avaada Energy have been awarded SJVN Green Energy’s (SGEL) tender to develop 1500 MW of ISTS-connected wind and solar hybrid power projects in India.

AMPIN Energy, Ganeko Solar, Inaayu Renewables, Juniper Green Energy, and Datta Power Infra secured 150 MW, 300 MW, 60 MW, 150 MW, and 70 MW, respectively, at a quoted tariff of ₹3.41 (~$0.0408)/kWh.

JSW Neo Energy and Avaada Energy secured 350 MW and 470 MW, respectively, at a tariff of ₹3.42 (~$0.0409)/kWh.

The tender was floated in February this year.

SJVN will enter into a 25-year power purchase agreement with the successful bidders to procure power from the wind and solar hybrid projects.

As an intermediary nodal agency, SJVN will facilitate the procurement of power from hybrid power developers or generators and sell it to various entities within India.

No separate central financial assistance is anticipated for these projects.

The tender had specified that bidders must offer a minimum of 50 MW of power for ISTS-connected projects, with at least 33% of the total contracted capacity coming from either wind or solar and a maximum of 750 MW.

The projects will use only commercially established and operational technologies to mitigate technology risks and ensure timely commissioning.

Wind turbines must be type-certified models listed in the Revised List of Models and Manufacturers by the Ministry of New and Renewable Energy, and solar photovoltaic modules must be included in List-I under the Approved Models and Manufacturers of Solar Photovoltaic Modules.

Recently, SGEL also invited bids for the manufacture and supply of solar photovoltaic  modules with a capacity of 376.60 MW for the GUVNL (Phase-XIV) solar power project.

Subscribe to Mercom’s India Solar Tender Tracker for timely updates on all solar tenders issued by various agencies in India.

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