SJVN Limited Concludes Reverse Auction for 1500 MW Wind-Solar Hybrid Project
Juniper Green Energy Private Limited emerged as a leader, securing 150 MW at the opening tariff rate of INR 3.43/kWh.
February 20, 2024. By Abha Rustagi
Juniper Green Energy Private Limited emerged as a leader, securing 150 MW at the opening tariff rate of INR 3.43/kWh whereas Datta Power Infra Private Limited secured 50 MW at INR 3.47/kWh.
| S. No. | Name of Bidders | Bid Capacity (MW) | Awarded Capacity (MW) | Final Tariff (INR/kWh) |
| 1 | Juniper Green Energy Private Limited | 150 | 150 | 3.43 |
| 2 | Datta Power Infra Private Limited | 50 | 50 | 3.47 |
| 3 | Green Infra Wind Energy Limited | 440 | 440 | 3,48 |
| 4 | Energizent Power Private Limited | 270 | 270 | 3.48 |
| 5 | Green Prairie Energy Private Limited | 60 | 60 | 3.48 |
| 6 | Avaada Energy Private Limited | 750 | 530 | 3.49 |
Avaada Energy Private Limited, a key contender in the auction, secured 530 MW out of its bid for 750 MW, at a final tariff of INR 3.49/kWh. However, NTPC Renewable Energy Limited, though participating, did not secure any capacity, bidding at INR 3.55/kWh.
This successful auction highlights the increasing competitiveness of renewable energy technologies and reflects a commitment to meet India's rising energy demands.
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