Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) have been awarded Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction for developing 200 MW of grid-connected wind power projects in India under Phase VIII. Originally floated in July 2024 for 500 MW, GUVNL later reduced the auction capacity to 200 MW.
Juniper Green Energy won a capacity of 50 MW at a tariff of Rs 3.56 per kWh, RIH Renewables secured 40 MW at Rs 3.59 per kWh, and Jakson Green was awarded 50 MW at a tariff of Rs 3.63 per kWh. Each developer will be responsible for setting up the wind projects and integrating them into the central or state transmission utility network. The projects require all necessary approvals, permits, and clearances from relevant government bodies and local authorities.
A 25-year power purchase agreement (PPA) will be signed by GUVNL with each winning bidder upon the projects’ scheduled commencement of power supply. The projects must use wind turbine models listed in the Ministry of New and Renewable Energy’s Revised List of Models and Manufacturers.
In January 2024, Alfanar Projects, Juniper Green Energy, and RIH Renewables were awarded contracts in GUVNL’s Phase VI auction for 500 MW of grid-connected wind projects. Additionally, GUVNL launched Phase VII, inviting bids for 300 MW of wind projects with an additional greenshoe option of 300 MW.
