BluPine Energy Wins 150 MW Allocation in SJVN Green Energy’s 1.5 GW FDRE Auction

BluPine Energy has secured a 150 MW allocation under SJVN Green Energy’s 1.5 GW Firm and Dispatchable Renewable Energy (FDRE) auction. The tender requires developers to establish a total of 1.5 GW of renewable energy projects integrated with energy storage systems, ensuring a guaranteed peak-hour power supply of 6 GWh per day (1.5 GW × 4 hours).

The project has been awarded to Solarcraft Power India, BluPine Energy’s special purpose vehicle (SPV), at a competitive tariff of INR 6.75 per kWh.

“This win marks another milestone in BluPine Energy’s journey toward building a resilient and dispatchable renewable energy portfolio,” said Neerav Nanavaty, CEO, BluPine Energy. “As India transitions toward a 24×7 clean power future, projects like these will play a pivotal role in balancing the grid and ensuring reliability without compromising sustainability. Our focus remains on deploying proven technologies, robust storage integration, and operational excellence to deliver on our commitments.”