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Omnicore: Real-Time Regulatory and Policy Updates for India's Energy and Infrastructure Sectors

October 10,2024

SJVN’s 1,200 MW FDRE-II Auction Awards

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Hero Solar Energy, Ganeko Solar, Juniper Green Energy, ReNew, and Avaada won SJVN's auction for 1,200 MW of Renewable Energy. Four companies bid ₹4.25 per kWh, while Avaada bid ₹4.26. Winning capacities included Hero's 120S MW, Ganeko's 140 MW, Juniper's 200 MW, ReNew's 150 MW, and Avaada's 590 MW, reflecting intense competition and declining tariffs in the sector.

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