Juniper Secures 480 MW Hybrid PPAs From GUVNL And NTPC

Juniper Green Energy signed two Power Purchase Agreements (PPAs) for hybrid renewable energy projects with a total capacity of 480 MW. These PPAs were signed with two companies namely GUVNL and NTPC.

The company said, “GUVNL Hybrid Phase 1 of the project marks the first hybrid initiative with Gujarat Urja Vikas Nigam Limited (GUVNL), featuring 190 MW of hybrid capacity (140 MW solar and 50 MW wind). It is set to generate 412 million units (MUs) of electricity annually, offsetting 384,067 tonnes of CO2 and supplying clean energy to 82,016 households.”

Whereas, Juniper received another project from NTPC under hybrid tranche-1. The company claims this to be Juniper Green Energy’s largest hybrid project to date, in partnership with NTPC Limited. It comprises of 290 MW of hybrid capacity (210 MW solar and 80 MW wind) across Gujarat and Rajasthan. This project will produce 633 MUs of electricity per year, reducing carbon emissions by 590,810 tonnes and powering 126,165 households.

 

Naresh Mansukhani, CEO of Juniper Green Energy, remarked, “These strategic partnerships with GUVNL and NTPC signify more than just contracts; they represent our collaborative efforts towards pioneering hybrid energy solutions. By joining forces with esteemed partners like GUVNL and NTPC, we are building robust renewable energy infrastructure that will drive India’s sustainable future.” Juniper Green Energy’s collaboration with GUVNL and NTPC is pivotal in our mission to power a sustainable future for India.