Juniper Green Energy Limited has emerged as the winning bidder for 230 MW under the e-Reverse auction conducted by the Solar Energy Corporation of India (SECI) for its 1000 MW FDRE Round-the-Clock Renewable Energy tender. The Company secured the capacity at a tariff of ₹5.26 per unit. The Letter of Award (LOA) is expected to be issued within the timelines prescribed under the tender document.
The project further strengthens Juniper Green Energy’s growing portfolio of FDRE and Round-the-Clock projects, reinforcing the Company’s ability to deliver reliable renewable power through integrated solar, wind, and Battery Energy Storage System (BESS) solutions. The project will be backed by a 25-year Power Purchase Agreement (PPA) with SECI, with the Scheduled Commercial Operation Date (SCOD) set at 24 months from the PPA Effective Date.
Under the tender conditions, the project will be required to achieve the prescribed Delivered Firm Round-the-Clock (DFR) commitments, including a minimum of 90% DFR during designated peak hours, 50–60% during solar hours, and 70% during non-solar, non-peak hours. It will leverage Juniper Green Energy’s integrated development capabilities across solar, wind, and battery storage technologies to ensure consistent and reliable power delivery.
Commenting on the development, Ankush Malik, Whole Time Director & Chief Executive Officer, Juniper Green Energy Limited, said, “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 longterm value for all stakeholders.”
Juniper Green Energy is an independent renewable energy power producer in India, focused on the development, construction, and operation of utility-scale solar, wind, hybrid, and Firm & Dispatchable Renewable Energy projects. The Company has been developing renewable energy assets across India since October 2018 and has built integrated capabilities spanning the entire project lifecycle, from project conceptualisation and development to construction and operations.
Juniper Green Energy has an operational capacity of approximately 2.57 GWp and 500 MWh BESS and a total portfolio of more than 10 GWp and 4.5 GWh BESS, where the total portfolio includes operational, under-construction, contracted and awarded projects. The Company is committed to delivering reliable and sustainable clean energy solutions that support India’s transition to a low-carbon economy.
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