6 days ago
Juniper Green Signs 25-Year FDRE Power Deal With SJVN
Juniper Green Energy has agreed to sell renewable electricity to SJVN Ltd for 25 years.
The project will be able to provide 50 megawatts of firm and dispatchable renewable power.
This means the electricity should be available when it is needed, not only when the sun is shining.
The project will use solar panels and batteries.
It must supply power during four peak hours each day or period covered by the agreement.
It must also be available at least 90% of each month.
The agreed price is ₹4.25 for each unit of electricity.
The deal helps Juniper Green Energy expand its renewable energy business.
Juniper Nirjara Energy signed a 25-year power purchase agreement with SJVN Ltd for a 50 MW FDRE project.
The agreement sets a tariff of ₹4.25 per unit for the contract’s 25-year tenure.
The project must provide four peak-hour supply hours and 90% monthly availability.
Solar generation and battery energy storage will be combined to meet the supply obligations.
Juniper Green Energy’s portfolio now totals 11,216 MWp of renewable capacity and 8,989 MWh of BESS capacity.
- Who
- Juniper Nirjara Energy, a subsidiary of Juniper Green Energy, and SJVN Ltd.
- What
- A 25-year power purchase agreement for a 50 MW firm and dispatchable renewable energy project.
- Where
- The articles do not specify the project’s location.
- When
- The agreement was announced on August 27, 2026; the letter of award was received on February 3, 2025.
- Why
- To meet SJVN’s renewable power supply requirements and expand Juniper Green Energy’s FDRE portfolio.
Key facts
- Project capacity
- 50 MW
- Agreement duration
- 25 years
- Tariff
- ₹4.25 per unit
- Supply requirement
- Four hours of peak-hour supply
- Monthly availability
- 90%
- Technologies
- Solar and battery energy storage system
- Juniper portfolio
- 11,216 MWp of renewable capacity and 8,989 MWh of BESS capacity
Quotes
Ankush Malik
Whole-Time Director and CEO of Juniper Green Energy
“The signing of this PPA with SJVN further strengthens our partnership and marks another important step in Juniper Green Energy's strategy to build a scaled portfolio of Firm and Dispatchable Renewable Energy (FDRE) projects”
thehindubusinessline.com
Sources
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