New Delhi, Juniper Green Energy on Tuesday said it has entered into a power purchase agreement (PPA) with state-owned SJVN Ltd for supply of 320M renewable energy round the clock.
To accomplish this, the company will develop 1GW capacity in Gujarat and Rajasthan, a statement said.
The 25-year PPA, secured at a tariff of Rs 4.38 per unit, expands Juniper's operating and under construction capacity to 2.5 GW.
Through this project, the company is estimated to have an annual generation of 2,17 million units, which will offset approximately 20,41,811 tonnes of CO2 annually.
Furthermore, these initiatives are expected to significantly increase energy access to approximately 4.34 lakh households.
Naresh Mansukhani, CEO of Juniper Green Energy, said, “This PPA with SJVN demonstrates our ability to initiate and successfully deliver large-scale, impactful hybrid projects combining solar, wind and battery storage, creating a sustainable future. "advances the national agenda for."
Juniper is an independent renewable energy power producer and operator of solar wind and hybrid power projects, with significant experience in the concept, construction and development of renewable energy assets.
The company is part of AT Group, which has an asset portfolio of US$2. billion with global investments in renewable energy, residential and commercial real estate, hospitality etc.
Delhi-NCR-based Juniper Green Energy began operations in October 2018.
To accomplish this, the company will develop 1GW capacity in Gujarat and Rajasthan, a statement said.
The 25-year PPA, secured at a tariff of Rs 4.38 per unit, expands Juniper's operating and under construction capacity to 2.5 GW.
Through this project, the company is estimated to have an annual generation of 2,17 million units, which will offset approximately 20,41,811 tonnes of CO2 annually.
Furthermore, these initiatives are expected to significantly increase energy access to approximately 4.34 lakh households.
Naresh Mansukhani, CEO of Juniper Green Energy, said, “This PPA with SJVN demonstrates our ability to initiate and successfully deliver large-scale, impactful hybrid projects combining solar, wind and battery storage, creating a sustainable future. "advances the national agenda for."
Juniper is an independent renewable energy power producer and operator of solar wind and hybrid power projects, with significant experience in the concept, construction and development of renewable energy assets.
The company is part of AT Group, which has an asset portfolio of US$2. billion with global investments in renewable energy, residential and commercial real estate, hospitality etc.
Delhi-NCR-based Juniper Green Energy began operations in October 2018.
