SJVN issues tender for 1,500 MW wind-solar hybrid projects

February 8, 2024

SJVN Green Energy Limited has issued a request for proposals for the selection of developers for developing 1,500 MW inter-state transmission system connected wind-solar hybrid projects. The projects will be located in India. According to the tender guidelines, the bidders are required to submit earnest money deposit equaling Rs 1.22 million per MW of the quoted capacity. SJVN will act as intermediate nodal agency, which intends to purchase power from hybrid power developers or generators and sell the power received from these projects to various organisations within India. The company will enter into a 25-year power purchase agreement with the developers. The projects’ execution will not see any separate financial assistance from central government.