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SJVN Invites Bids for 600 MW ISTS-Connected Wind Power Projects; PPA for 25 Years

This initiative aligns with SJVN’s renewable energy expansion strategy, as the PSU aims to play a major role in helping India meet its 500 GW non-fossil fuel capacity target by 2030.
Indian Masterminds Stories

New Delhi: State-run power major SJVN Ltd has issued a Request for Selection (RfS) inviting bids from Wind Power Developers (WPDs) for the development of 600 MW of wind power capacity through ISTS-connected projects across India. The projects will be developed under the Tariff-Based Competitive Bidding mechanism on a Build-Own-Operate (BOO) basis.

25-Year Power Purchase Agreement

According to the RfS document, SJVN will enter into a 25-year Power Purchase Agreement (PPA) with successful bidders. The agreement will be governed by the terms, conditions, and provisions outlined in the RfS and the finalized PPA.

Power to Be Sold to PSPCL or Other Buyers

The electricity procured through these wind projects is provisioned to be sold to Punjab State Power Corporation Limited (PSPCL) or any other eligible buying entities, offering a secure offtake arrangement for the selected developers.

Project Size and Bidding Details

  • Minimum Project Size per Bidder: 50 MW
  • Maximum Project Size per Bidder: 300 MW
  • Total Capacity Under Tender: 600 MW
  • RfS Document Fee: ₹29,500 (including GST) via NEFT/RTGS
  • Bid Submission Fee: ₹15 lakh + 18% GST
  • Last Date for Online Bid Submission: October 20, 2025

The RfS process is open to developers with the capacity and financial capability to set up wind power projects connected to the Inter-State Transmission System (ISTS).

Strategic Move to Bolster Renewables

This initiative aligns with SJVN’s renewable energy expansion strategy, as the PSU aims to play a major role in helping India meet its 500 GW non-fossil fuel capacity target by 2030. Wind energy, being a key component of the clean energy mix, continues to receive attention through such tariff-based competitive bidding frameworks.

About SJVN

SJVN Ltd., headquartered in Shimla, is a central public sector undertaking under the Ministry of Power. Established in 1988, SJVN focuses on hydro, thermal, and renewable energy projects across India, contributing significantly to national energy security and regional development.

Read also: SJVN Achieves Milestone as 660 MW Unit of Buxar Thermal Power Project Joins National Grid – Know More


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