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ReNew, Tata Power, and Others Secure 1,200 MW ISTS-Connected Renewable Energy Projects in SJVN FDRE Auction
Mar 01, 2025
SJVN Limited has successfully concluded its auction for 1,200 MW of ISTS-connected renewable energy projects, awarding contracts to leading developers including ReNew, Enfinity Global, Dineshchandra R. Agrawal Infracon Pvt. Ltd., Serentica, and Tata Power Renewable Energy Limited.
Auction Results:
| Bidder | Capacity (MW) | Quoted Tariff (Rs/kWh) |
|---|---|---|
| ReNew Solar Power | 100 | 4.82 |
| EG Energy Development (Enfinity Global) | 60 | 4.83 |
| Dineshchandra R Agrawal Infracon | 100 | 4.86 |
| Serentica Renewables India | 100 | 4.89 |
| Tata Power Renewable Energy | 88 | 4.91 |
| Total | 448 |
The projects are designed to deliver firm and dispatchable renewable energy, ensuring reliability in power supply. The ISTS (Inter-State Transmission System) connectivity will enable seamless energy distribution across multiple states, supporting India's ambitious 500 GW non-fossil fuel capacity target by 2030.