SJVN allocates 1.5 GW wind-solar hybrid at $0.041/kWh

Share

SJVN Ltd has allocated 1.5 GW of wind-solar hybrid power capacity at an average price of INR 3.41 ($0.041)/kWh. Avaada secured the biggest slice of 470 MW. Ganeko Solar and JSW Energy won 300 MW each.

AMPIN Energy and Juniper Green Energy secured 150 MW each. Other winners include Datta Power Infra (70 MW) and Inaayu Renewables (60 MW). Inaayu Renewables is a special-purpose vehicle of Evergreen Renewables.

The winning developers will establish wind-solar hybrid power projects on a build-own-operate basis for power supply under a 25-year power purchase agreement with SJVN. The projects can be located throughout India and must connect to the interstate transmission system (ISTS). Power procured by SJVN from these projects will be sold to the different buying entities of India.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Challenges in battery cell manufacturing in India
28 June 2024 From electric vehicles to renewable energy storage, batteries play a pivotal role in shaping a greener future. However, despite the promising landscap...