Juniper Green Energy Secures Letter of Award for 230MW Firm and Dispatchable Renewable Energy Project
Juniper Green Energy Limited has received a Letter of Award (LOA) from Solar Energy Corporation of India Limited (SECI). The contract, dated August 14, 2026, pertains to the development of a 230 MW Firm and Dispatchable Renewable Energy Round-the-Clock (FDRE-RTC) Power Project.The LOA awards Juniper Green Energy Limited the opportunity to set up the FDRE RTC project, which will be connected to the Inter-State Transmission System in India. The contract is awarded by a domestic entity and involves the construction, commissioning, and operations of the 230 MW FDRE RTC project.
Key terms and details regarding this significant contract are as follows:
| Particulars | Details |
|---|---|
| Awarding Entity | Solar Energy Corporation of India Limited (SECI) |
| Project Scope | Setting up a 230MW Firm and Dispatchable Renewable Energy Round the Clock project |
| Nature of Contract | Construction, commissioning and operations of the 230MW FDRE RTC project |
| Project Size | 230MW contracted capacity of FDRE RTC |
| Tariff Rate | Rs. 5.26 per unit |
| Execution Timeline (SCOD) | Within 24 months from the effective date of the Power Purchase Agreement (PPA) to be signed with SECI |
| PPA Term | 25 years term from the commercial operations date |
The contract involves a domestic entity and does not fall under related party transactions.
JNPR Stock Price Movement
Shares of Juniper Green Energy Limited slipped on Friday, shedding 0.36% and closing at ₹251.36.The stock saw trading activity totaling 2.05 million shares in the previous session.
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