SJVN Limited has announced the results of its auction for 1,200 MW of interstate transmission system connected solar power projects integrated with 600 MW/2,400 MWh energy storage systems.
SAEL Industries, Jindal India Renewable Energy, Sembcorp Green, and JBM Renewables emerged as successful bidders, securing 150 MW, 300 MW, 150 MW, and 150 MW respectively, each at a tariff of Rs 3.32 per kWh. Fastnote Biofuels (Hindustan Power) won 100 MW at Rs 3.33 per kWh. Reliance NU Energies (Reliance Power) was awarded 350 MW, out of a quoted 600 MW at Rs 3.33 per kWh through the bucket-filling method. The auction, which was floated in September 2024, permitted bids ranging from a minimum of 50 MW to a maximum of 600 MW.
