SJVN Unveils Results for 448 MW Renewable Energy Auction

SJVN Limited has announced the results of its auction for 448 MW of inter-state transmission system (ISTS)-connected firm and dispatchable renewable energy (FDRE) projects, part of its 1,200 MW FDRE tender. ReNew Solar Power secured 100 MW at a tariff of Rs 4.82 per kWh, EG Energy Development  won 60 MW at Rs 4.86 per kWh, Dineshchandra R Agrawal Infracon secured 100 MW at Rs 4.86 per kWh, Serentica Renewables India won 100 MW at Rs 4.89 per kWh, and Tata Power Renewable Energy was awarded 88 MW at Rs 4.91 per kWh. The tender, issued in July 2024, also included a greenshoe option for an additional 1,200 MW, with a minimum bid requirement of 50 MW and a maximum of 600 MW. The projects will deploy commercially established and operational technologies to mitigate technology-related risks and ensure timely commissioning. The annual capacity utilisation factor for these projects must not be less than 75 per cent. For solar modules and balance of systems, the projects will adhere to government technical guidelines for grid-connected solar photovoltaic systems applicable at the time of commissioning. Wind power projects will also comply with the relevant regulatory standards.