Juniper Green Signs 25-Year SJVN PPA for 50 MW Firm and Dispatchable Renewable Energy Project

A new long-term FDRE contract links solar and battery storage

Juniper Green Energy Limited, through its subsidiary Juniper Nirjara Energy Private Limited, has signed a 25-year Power Purchase Agreement with SJVN Limited for a 50 MW Firm and Dispatchable Renewable Energy project. The agreement was executed on 26 August 2026 and reported on 27 August. The project was awarded under the SJVN FDRE-2 scheme through tariff-based competitive bidding and will supply electricity at Rs 4.25 per unit.

The contract is important for the BESS market because it is not a conventional solar PPA. The project must deliver a defined supply profile, including four hours of peak-hour supply with 90% availability each month and the minimum annual Capacity Utilisation Factor specified in the bid. To meet those obligations, Juniper Green says the project will combine multiple renewable technologies, including solar generation and Battery Energy Storage Systems.

What firm and dispatchable renewable energy changes

Traditional solar projects are paid primarily for electricity produced when sunlight is available. FDRE procurement changes the product being sold. The buyer expects renewable electricity to be delivered with greater predictability and at specified times, particularly during peak demand. This shifts part of the technical responsibility from the grid operator to the project developer.

Battery storage is central to that change. During high-generation hours, the BESS can charge using renewable electricity and later discharge during the contracted peak period. The Energy Management System will play a key role in managing charging and discharging schedules, renewable generation and available battery capacity to support the project’s contracted delivery and availability requirements.

Four hours of peak supply requires careful energy planning

The 50 MW contracted capacity does not by itself reveal the final battery size for this particular project, but the requirement to provide four hours of peak-hour supply means storage and generation must be designed around a sustained delivery window. The final configuration will need to account for the project’s renewable generation profile, storage requirements and contractual delivery obligations.

A system designed too tightly may struggle to meet the 90% monthly availability requirement during periods of lower renewable generation. Oversizing, on the other hand, increases capital cost. FDRE projects therefore require optimization across solar DC capacity, inverter capacity, battery MWh, battery MW and the long-term storage strategy. This makes them more complex than standard renewable plants but also more valuable to the offtaker.

The Rs 4.25 per unit tariff provides a commercial reference

The PPA tariff of Rs 4.25 per unit is a useful reference for India’s evolving market for dispatchable renewable electricity. The tariff reflects a project structure that includes peak-hour supply and contractual availability obligations, rather than an energy-only solar procurement model.

The project’s economics will need to account for generation costs as well as battery investment, replacement or augmentation, efficiency losses, financing and additional operating complexity.

Comparing FDRE tariffs directly with solar-only bids can therefore be misleading. A more useful comparison is the cost of obtaining dependable peak-hour electricity from alternative resources, including the system cost of balancing variable renewables. As storage prices, financing terms and operational experience improve, future FDRE tariffs will provide evidence of how the cost of dispatchable renewable power evolves.

Juniper Green’s growing storage portfolio

Juniper Green has positioned energy storage as an important part of its renewable development portfolio. The company has reported a wider portfolio of 11,216 MWp of renewable capacity complemented by 8,989 MWh of BESS capacity.

The scale of the company’s renewable-plus-storage portfolio is significant as India’s market moves toward projects capable of supplying electricity according to defined delivery profiles rather than only generating power when renewable resources are available.

What the project means for Indian utilities

For utilities, FDRE projects offer a pathway to procure clean electricity with a profile that more closely matches demand. They do not eliminate the need for conventional flexibility, transmission or demand response, but they can reduce the operational gap between variable generation and peak consumption. The 90% monthly availability requirement also gives the buyer a measurable performance target rather than relying on annual renewable generation alone.

As more states face steep evening ramps after solar output falls, four-hour peak products may become increasingly relevant. They create demand for batteries with enough energy duration to move substantial renewable generation across time while still supporting reliable power delivery during contracted periods.

Conclusion

Juniper Green’s 50 MW SJVN FDRE PPA is another sign that India’s renewable market is moving from energy-only procurement toward delivery-profile procurement. The Rs 4.25 per unit tariff, 25-year term, four-hour peak requirement and 90% monthly availability create a clear commercial framework in which BESS has a central role. The project will be valuable to watch as developers continue to size, operate and finance storage-backed renewable power over long contract periods.

SEO publishing details

References

Source 1: Juniper Green Energy company disclosure mirror — 27 August 2026
Link: Juniper Green Energy company disclosure mirror

Source 2: ETEnergyWorld — 27 August 2026
Link:ETEnergyWorld — Juniper Green-SJVN 50 MW FDRE PPA