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10 November
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SJVN wraps up 1.5 GW renewables storage tender with $0.053/kWh tariff

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Seven developers secured a cumulative 1.184 GW in SJVN auction for the supply of 1.5 GW of firm and dispatchable power. The winning developers will build renewable power projects supplemented with energy storage system to ensure the power supply.

SJVN has wrapped up its 1.5 GW of renewables storage tender by allocating 1.184 GW for an average price of $0.053/kWh.  Acme Solar won 250 MW. Juniper Green and Tata Power Renewable secured 200 MW each. Other winners include ReNew (184 MW), Solarcraft Power (150 MW), Hero Future Energies (120 MW), and TEQ Green/O2 Power (80 MW).

The winners are required to supply the contracted amount of firm and dispatchable power from renewable power projects with energy storage systems. The projects can be built anywhere in India and should connect to the interstate transmission grid.