Tata Power Delhi Distribution Awards 250 MW FDRE Auction To Juniper, Navayuga, ACME, And Tata Power Renewable Energy

Representational image. Credit: Canva

Tata Power Delhi Distribution Limited has successfully concluded its auction for the supply of 250 MW of firm and dispatchable renewable energy from projects integrated with energy storage systems. The projects will be developed on a build-own-operate basis, and the selected bidders will sign long-term power purchase agreements for 25 years.

The auction saw participation from leading renewable energy developers. Juniper Green Energy secured 70 MW capacity with a quoted tariff of ₹4.76 per unit, while Navayuga Engineering Company and ACME Solar Holdings each won 50 MW at the same tariff of ₹4.76 per unit. Tata Power Renewable Energy emerged as the largest winner, securing 80 MW capacity at a slightly higher tariff of ₹4.77 per unit.

The tender process began earlier this year when Tata Power-D a Request for Selection on April 29, 2025. The bids were invited under a tariff-based competitive bidding process, aimed at ensuring a reliable renewable energy supply integrated with storage systems to meet round-the-clock power requirements.

The successful completion of this auction highlights the growing role of storage-backed renewable energy in strengthening India’s power sector. It also reflects the increasing competitiveness among developers in delivering firm and dispatchable clean energy solutions for urban demand.


Subscribe to get the latest posts sent to your email.

 

  • Related Posts

    SEIA And Wood Mackenzie Report Shows U.S. Added 7.8 GW Solar Capacity In Q1 2026 Amid Rising Energy Demand

    Representational image. Credit: Canva The United States added 7.8 gigawatts (GW) of new solar capacity in the first quarter of 2026, reinforcing solar power’s position as the largest source of…

    IEEFA Report Highlights Australian Business Rooftops As Major Untapped Source Of Clean Energy In Solar Transition Gap

    Representational image. Credit: Canva A new report highlights that business rooftops represent one of the largest untapped sources of clean energy, yet their adoption of solar power remains significantly behind…

    Have You Seen?

    Shell Pauses $3 Billion Share Buyback Ahead of ARC Acquisition Vote

    • June 13, 2026
    Shell Pauses $3 Billion Share Buyback Ahead of ARC Acquisition Vote

    US LNG Exporters Find Few Takers in Europe for New Supply

    • June 13, 2026
    US LNG Exporters Find Few Takers in Europe for New Supply

    Trump Says Iran’s Leaked Deal Terms are Untrue

    • June 12, 2026
    Trump Says Iran’s Leaked Deal Terms are Untrue

    US Military Helps Move 7 Million Barrels of Oil Per Day Out of Persian Gulf, Wright Says

    • June 12, 2026
    US Military Helps Move 7 Million Barrels of Oil Per Day Out of Persian Gulf, Wright Says

    Chevron Continues to Look at New Opportunities in Middle East, CEO Says

    • June 12, 2026
    Chevron Continues to Look at New Opportunities in Middle East, CEO Says

    Exxon Mobil Evaluates Potential Buyout of Australia Woodside Energy, Bloomberg News Reports

    • June 12, 2026
    Exxon Mobil Evaluates Potential Buyout of Australia Woodside Energy, Bloomberg News Reports

    Tired of Chaos, Investors Retreat From Oil Market at Record Pace

    • June 12, 2026
    Tired of Chaos, Investors Retreat From Oil Market at Record Pace

    US Energy Firms Cut Rigs for First Time in Eight Weeks, Baker Hughes Says

    • June 12, 2026
    US Energy Firms Cut Rigs for First Time in Eight Weeks, Baker Hughes Says

    Iran Deal Very Close, Signing Possible in Coming Days, US Official Says

    • June 12, 2026
    Iran Deal Very Close, Signing Possible in Coming Days, US Official Says

    US Refiners Can Still Absorb More Venezuelan Crude, Energy Secretary Wright Says

    • June 12, 2026
    US Refiners Can Still Absorb More Venezuelan Crude, Energy Secretary Wright Says