Juniper Green Energy Wins 230 MW SECI Tender at ₹5.26/Unit
Juniper Green Energy wins 230 MW capacity in SECI's 1000 MW FDRE RTC tender at a tariff of ₹5.26 per unit. The project includes a 25-year PPA with SECI, with SCOD set 24 months from PPA Effective Date. This strengthens the company's FDRE and RTC project portfolio.
Winning a 230 MW tender is a substantial development for a renewable energy company, impacting its portfolio and future revenue streams.
The company has successfully won a significant renewable energy tender, indicating business growth and expansion.
Juniper Green Energy Limited has emerged as the winning bidder for 230 MW capacity in Solar Energy Corporation of India's (SECI) 1000 MW Firm and Dispatchable Renewable Energy (FDRE) Round-the-Clock (RTC) tender. The company secured this capacity at a tariff of ₹5.26 per unit. The Letter of Award (LOA) is anticipated within the timelines specified in the tender document.
This project will be supported by a 25-year Power Purchase Agreement (PPA) with SECI. The Scheduled Commercial Operation Date (SCOD) is set for 24 months from the PPA Effective Date. The project must meet specific Delivered Firm Round-the-Clock (DFR) commitments, including a minimum of 90% DFR during peak hours, 50-60% during solar hours, and 70% during non-solar, non-peak hours. Juniper Green Energy will utilize its integrated capabilities in solar, wind, and battery storage technologies to ensure consistent power delivery.
Ankush Malik, Whole Time Director & Chief Executive Officer of Juniper Green Energy Limited, 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. We remain committed to delivering high-quality renewable energy assets that support India's energy transition while creating long-term value for all stakeholders."
Juniper Green Energy currently has an operational capacity of approximately 2.57 GWp and 500 MWh BESS, with a total portfolio exceeding 10 GWp and 4.5 GWh BESS, encompassing operational, under construction, contracted, and awarded projects.
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Juniper Green Energy Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Juniper Green Energy Limited. Read the original for the full detail.