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JSW, Juniper, Ganeko secure capacities in SJVN’s 1,500 MW hybrid project

Wednesday, 12 Jun 2024
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Ampin Energy, Ganeko Solar (Solarpack), Inaayu Renewables (EverGreen Power), Juniper Green Energy, Datta Power Infra, JSW Neo Energy, and Avaada Energy have secured capacities in SJVN Green Energy’s (SGEL) project. These firms won their respective capacity in the e-reverse auction conducted by SJVN for its 1,500 MW ISTS-connected hybrid-II tender.

JSW Neo Energy and Ganeko Solar have secured 300-MW wind-solar hybrid capacity each. Other winners are AmpIn Energy and Juniper Green Energy, having secured 150-MW capacity each, followed by Datta Power Infra winning 70 MW capacity and Inaayu Renewables securing 60 MW capacity, respectively. Avaada Energy is awarded with 750 MW capacity. 

AmpIn Energy, Ganeko Energy, Inaayu Renewables, Juniper Green Energy, and Datta Power Infra won at a quoted tariff of Rs 3.41 per unit  JSW Neo Energy and Avaada Energy both won at a quoted tariff of Rs 3.42 per unit.

SJVN had in February this year invited bids for selection of hybrid power developers for the ISTS project under tariff-based competitive bidding. It will enter into a power purchase agreement (PPA) with the successful bidders for a period of 25 years.

SJVN is a joint venture of Government of India and Himachal Pradesh government is the intermediary procurer and renewable energy implementing agency.

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