Latest news with #DispatchableRenewableEnergy
Time of India
16-07-2025
- Business
- Time of India
Juniper Green Energy signs PPA with NHPC for 250 MW hybrid renewable project to supply Haryana
New Delhi: Juniper Green Energy Limited, through its subsidiary Juniper Green Cosmic Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with NHPC for a 250 MW Firm and Dispatchable Renewable Energy (FDRE) project. The agreement was signed on June 28, 2025. As per the agreement, the renewable energy project will comprise a mix of solar, wind, and Battery Energy Storage System (BESS) and will supply power to the Haryana Power Purchase Centre (HPPC) on behalf of the state's distribution companies—Dakshin Haryana Bijli Vitran Nigam Limited and Uttar Haryana Bijli Vitran Nigam Limited. The project is scheduled to begin power supply from June 2027. "We are proud to partner with NHPC again on this FDRE project," said Ankush Malik, Chief Executive Officer, Juniper Green Energy. "This PPA demonstrates our capability to undertake and deliver complex renewable projects that allows us to align with the country's goal for sustainable and reliable power." Juniper Green Energy was the second-largest bidder in terms of total capacity awarded in Wind-Solar Hybrid (WSH) and FDRE tenders conducted between April 1, 2021 and December 31, 2024. In December 2024, its subsidiary Juniper Green Light Ten Private Limited signed a PPA with NHPC for a 200 MW FDRE project to supply power to the state of Uttar Pradesh.
Business Upturn
20-06-2025
- Business
- Business Upturn
ACME Solar signs PPA with NHPC for 250 MW project in Rajasthan
By Aditya Bhagchandani Published on June 20, 2025, 14:58 IST ACME Solar Holdings Limited has signed a significant Power Purchase Agreement (PPA) with NHPC Limited for a 250 MW Firm and Dispatchable Renewable Energy (FDRE) project in Rajasthan. The agreement spans 25 years and has been secured at a tariff of ₹4.56 per kWh, with a minimum annual Capacity Utilization Factor (CUF) of 40% and a commitment to meet 90% of peak power demand for 4 hours each day. The project is designed to leverage a hybrid energy mix comprising solar, wind, and battery storage, and will be connected to an ISTS substation with existing connectivity. This development reinforces ACME Solar's strategic role in India's clean energy transition. With this addition, ACME Solar's PPA-signed capacity now stands at 5,130 MW, of which 2,826.2 MW is operational. The company also has a confirmed project pipeline of 1,840 MW for which Letters of Award have been received. Notably, 86% of its offtake agreements are with central government entities. The project has already received regulatory clearance from the Central Electricity Regulatory Commission (CERC), enhancing its implementation timeline certainty. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
