Juniper Green Energy Limited, through its subsidiary Juniper Nirjara Energy Private Limited, has signed a 25-year power purchase agreement (PPA) with SJVN Limited for a 50 MW firm and dispatchable renewable energy (FDRE) project under the SJVN FDRE-2 scheme.
Under the PPA, power will be supplied at a tariff of Rs 4.25 per unit. The project will be required to provide four hours of peak-hour supply with 90 per cent monthly availability and meet the minimum annual capacity utilisation factor specified under the bid. It will combine solar and battery energy storage system (BESS) capacity to meet these supply requirements. With the addition of this project, Juniper Green Energy’s portfolio has reached 11,216 MWp of renewable energy capacity and 8,989 MWh of BESS capacity.