Juniper Green Energy Begins Commissioning India’s First 539 MW FDRE Project with 200 MWh Storage

Juniper Green Energy Limited has commenced commissioning India’s first Firm and Dispatchable Renewable Energy (FDRE) project, developed under the Ministry of Power’s June 2023 guidelines. Awarded through the SJVN FDRE tender, Juniper is the first developer among all capacity winners to begin supplying power under this regulatory framework.

Technical Project Specifications

The project integrates solar and wind generation with battery storage to deliver scheduled renewable power aligned with real-time grid demand. The generation assets and storage infrastructure are distributed across Barmer, Rajasthan, and sites in Gujarat.

• Geographical Distribution: Primary project sites are located in Barmer, Rajasthan, with additional capacity across Gujarat.
• Operational Objective: To transform variable renewable sources into a stable, dispatchable supply that addresses intermittency and matches the load profiles of distribution companies (DISCOMs).

Offtake and Power Purchase Agreements (PPA)

The project’s commercial structure utilizes an intermediary procurement model established through a competitive reverse auction process under the SJVN FDRE Scheme.

• Power Purchase Agreement (PPA): Juniper Green Energy signed a 200 MW PPA with SJVN Limited.
• Power Sale Agreement (PSA): SJVN Limited entered into a back-to-back PSA with the Haryana Power Purchase Centre (HPPC).
• End Use: The power is designated to meet the demand requirements of the state of Haryana, providing a clean alternative to conventional baseload generation during peak periods.

Regulatory Framework and FDRE Definition

The project is governed by the Ministry of Power (MoP) guidelines issued in June 2023 for the competitive bidding of grid-connected renewable energy projects with Energy Storage Systems (ESS).

FDRE is defined as renewable energy that is transformed from a variable source into a firm, dispatchable supply through the integration of multiple renewable technologies and energy storage. Key regulatory provisions include:

• Scheduled Supply: Deliveries must align with the specific demand profiles or “load-following” requirements specified by the DISCOM.
• Commencement Timelines: The guidelines establish project commencement windows of 24 months for projects below 1,000 MW and 30 months for projects exceeding 1,000 MW.
• Performance Penalties: Under MoP framework requirements, generators are liable to compensate the DISCOM at 1.5 times the established tariff for any energy shortfall in the scheduled supply.

Industry Landscape and Procurement Trends

The FDRE segment represents a growing portion of India’s utility-scale renewable market as the grid seeks to integrate higher penetrations of variable RE. Since the 2023 MoP guidelines, central agencies—including SJVN, NHPC, SECI, and NTPC—have launched tenders to bridge the gap between green generation and real-time consumption.

• Aggregate Tender Capacity: Over 14 GW of FDRE capacity has been launched since 2023.
• Construction Pipeline: Approximately 10 GW of FDRE capacity is currently under construction.
• Tariff Discovery: The SJVN tender under which this project was awarded concluded at a tariff of INR 4.38/kWh.

Company Profile: Juniper Green Energy

Juniper Green Energy Limited is an independent renewable energy power producer (IPP) based in Delhi NCR. The company specializes in the development and operation of utility-scale solar, wind, and hybrid projects.

• Operational Capacity: Approximately 1.66 GWp reported as of January 2026.
• Ownership: The company is a part of the AT Capital Group, an investment organization headquartered in Singapore.
• Portfolio Composition: The company’s assets include integrated solar, wind, and storage-backed solutions designed to provide round-the-clock (RTC) and dispatchable power to utility and industrial offtakers.