Renew, Tata Power Among Winners in SJVN’s 1.2 GW FDRE Auction
POWER & RENEWABLE ENERGY

Renew, Tata Power Among Winners in SJVN’s 1.2 GW FDRE Auction

Renew Solar Power, EG Energy Development (Enfinity Global), Dineshchandra R Agrawal Infracon, Serentica Renewables India, and Tata Power Renewable Energy have secured SJVN’s auction for 1,200 MW ISTS-connected firm and dispatchable renewable energy projects. 
Of the total 448 MW awarded, Renew Solar won 100 MW at a tariff of Rs 4.82/kWh, EG Energy 60 MW at Rs 4.83/kWh, Dineshchandra 100 MW at Rs 4.86/kWh, Serentica 100 MW at Rs 4.89/kWh, and Tata Power 88 MW at Rs 4.91/kWh. 
The tender, floated in July 2024, also offered a greenshoe capacity of up to 1,200 MW, with bid sizes ranging from 50 MW to 600 MW. Projects will use established, operational technologies to minimise risk and ensure timely commissioning, following government guidelines for wind turbines, solar modules, and balance of systems. The annual capacity utilization factor must be at least 75%. 
In November 2024, Hero Solar Energy, Ganeko Solar (Zelestra), Juniper Green Energy, ReNew, and Avaada won SJVN’s FDRE II auction for 1,200 MW of renewable energy with storage, offering tariffs of Rs 4.25/kWh and Rs 4.26/kWh. 
(Mercom)    

Renew Solar Power, EG Energy Development (Enfinity Global), Dineshchandra R Agrawal Infracon, Serentica Renewables India, and Tata Power Renewable Energy have secured SJVN’s auction for 1,200 MW ISTS-connected firm and dispatchable renewable energy projects. Of the total 448 MW awarded, Renew Solar won 100 MW at a tariff of Rs 4.82/kWh, EG Energy 60 MW at Rs 4.83/kWh, Dineshchandra 100 MW at Rs 4.86/kWh, Serentica 100 MW at Rs 4.89/kWh, and Tata Power 88 MW at Rs 4.91/kWh. The tender, floated in July 2024, also offered a greenshoe capacity of up to 1,200 MW, with bid sizes ranging from 50 MW to 600 MW. Projects will use established, operational technologies to minimise risk and ensure timely commissioning, following government guidelines for wind turbines, solar modules, and balance of systems. The annual capacity utilization factor must be at least 75%. In November 2024, Hero Solar Energy, Ganeko Solar (Zelestra), Juniper Green Energy, ReNew, and Avaada won SJVN’s FDRE II auction for 1,200 MW of renewable energy with storage, offering tariffs of Rs 4.25/kWh and Rs 4.26/kWh. (Mercom)    

Next Story
Real Estate

Mahindra Lifespaces Unveils ‘Home of Positive Energy’

Mahindra Lifespaces has introduced ‘Home of Positive Energy’, a brand philosophy aimed at enhancing well-being through thoughtful design, natural light, and green spaces. The launch includes a digital video campaign (DVC) and a Mobile Experience Centre—a first-of-its-kind traveling showcase across Mumbai.CMO Abhimanyu Mathur stated, “Every Mahindra home is designed as a sanctuary that nurtures aspirations and daily life.” The campaign, developed with The Womb, emphasizes differentiation beyond location and amenities, making well-being central to Mahindra Lifespaces’ identity.With t..

Next Story
Real Estate

Mumbai Registers 11,541 Property Deals in February 2025

According to Knight Frank India, while property registrations in the Mumbai real estate market have moderated, signs of stabilisation are emerging. The market saw a 4 per cent Year-on-Year (YoY) decline in registrations, with 11,541 properties registered in February 2025, compared to 12,056 in the same period last year, based on data from the Maharashtra Inspector General of Registration (IGR).Nevertheless, stamp duty collections remained steady in February 2025, reaching Rs 8.96 billion (bn), which is almost identical to the Rs. 8.85 bn collected in February 2024. On a month-on-month comparis..

Next Story
Resources

Godrej Expands Smart Security Portfolio

Godrej Security Solutions has launched a new range of premium home lockers, blending sophisticated design with advanced security. The company aims for 20% growth in FY26 and a 70% market share in the home locker segment.The new lineup—NX Pro Slide, NX Pro Luxe, Rhino Regal, and NX Seal—features dual-mode access (digital & biometric), intelligent alarms, and space-efficient interiors. Additionally, the Defender Aurum Pro Royal Class E safe meets the BIS-certified QCO mandate for jewellers, while the AccuGold iEDX Series supports precise, non-destructive gold testing.Godrej is expanding ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?