Key Quantitative Figures
- Winning Capacity: 230 MW
- Total Tender Size: 1000 MW
- Winning Tariff: ₹5.26 per unit
- Project Timeline: 24 months from PPA Effective Date to Scheduled Commercial Operation Date (SCOD)
- PPA Duration: 25 years
- Operational Capacity: 2.57 GWp renewable energy + 500 MWh BESS
- Total Portfolio: More than 10 GWp + 4.5 GWh BESS (including operational, under construction, contracted and awarded projects)
Technical Requirements
- Minimum Delivered Firm Round-the-Clock (DFR) commitments:
- 90% DFR during designated peak hours
- 50–60% DFR during solar hours
- 70% DFR during non-solar, non-peak hours
Project Details
The project was awarded through an e-Reverse auction conducted by Solar Energy Corporation of India (SECI). The Letter of Award (LOA) is expected to be issued within the timelines prescribed under the tender document. The project will utilize integrated solar, wind, and Battery Energy Storage System (BESS) solutions to ensure consistent and reliable power delivery.
Management Commentary
Ankush Malik, Whole Time Director & Chief Executive Officer, stated: "This successful bid marks another important milestone in our journey of building large-scale, reliable renewable energy solutions for India's evolving power needs. Firm and Dispatchable Renewable Energy is becoming increasingly critical to enabling round-the-clock clean power, and this project further strengthens our position in this emerging segment."
Company Background
Juniper Green Energy is an independent renewable energy power producer focused on development, construction, and operation of utility-scale solar, wind, hybrid, and Firm & Dispatchable Renewable Energy projects. The company has been developing renewable energy assets across India since October 2018.
Disclaimer Note
The press release contains forward-looking statements subject to various risks and uncertainties including changes in economic conditions, business environment fluctuations, government regulations, and other incidental factors.