Juniper Green Energy wins 230 MW SECI award as India expands round-the-clock renewable procurement

Juniper Green Energy has secured a 230 MW Letter of Award from SECI for a firm and dispatchable renewable energy project in Rajasthan at ₹5.26 per unit. The 25-year arrangement combines solar, wind and battery storage, strengthening India’s push to procure renewable electricity with reliability characteristics closer to conventional generation.

Juniper Green Energy has received a Letter of Award from the Solar Energy Corporation of India (SECI) for a 230 MW Firm and Dispatchable Renewable Energy Round-the-Clock project in Rajasthan. The award follows SECI’s 1,000 MW FDRE-RTC tender and an e-reverse auction held on August 6, 2026, in which Juniper Green Energy secured the capacity at a tariff of ₹5.26 per unit. The project will be connected to India’s national grid and supported by a 25-year power purchase agreement with SECI.

The project is significant because the procurement model moves beyond conventional renewable generation, where output varies with sunlight and wind availability. FDRE-RTC projects are structured to combine renewable generation with energy storage so that electricity can be supplied according to a defined reliability profile. Juniper’s project is expected to integrate approximately 795 MWp of solar capacity, 75 MW of wind capacity and 2,200 MWh of battery energy storage. This configuration increases the amount of renewable capacity required behind each firm power commitment but also improves the ability to serve demand during periods when solar or wind output is unavailable.

For India’s power sector, the award points to a procurement environment increasingly focused on dispatchability rather than renewable capacity additions alone. The Rajasthan project will draw on the state’s large renewable resource base while using storage to firm generation before delivery through the national transmission network. The structure is relevant to utilities, distribution companies and large electricity consumers seeking lower-carbon power without taking on the full intermittency associated with standalone solar or wind assets. It also creates demand for battery systems, wind turbines, solar equipment, transmission infrastructure and project engineering services.

For developers and investors, the award highlights the changing economics of utility-scale renewable projects. A long-term PPA provides contracted revenue visibility, while the combination of generation and storage creates a more capital-intensive project than a conventional solar installation. Developers must therefore balance equipment costs, financing terms, storage performance, transmission availability and contractual delivery obligations when bidding for FDRE capacity. The ₹5.26-per-unit tariff also provides a market reference for future tenders seeking firm renewable supply.

Juniper Green Energy is an Indian independent renewable power producer focused on utility-scale solar, wind, hybrid and FDRE projects. The company develops projects across their lifecycle, including development, construction and operations. The new award adds to its contracted and awarded portfolio and expands its exposure to storage-backed renewable generation, a segment expected to become increasingly important as India seeks to integrate higher volumes of variable renewable power while maintaining grid reliability.