Juniper Green Begins Commissioning India's First FDRE Project
As renewable capacity has expanded, grid stability has become a concern because of the variable nature of solar and wind output. To address that, the Ministry of Power issued FDRE guidelines in June 2023 requiring integration of solar, wind and battery storage into a single project capable of supplying scheduled power in line with distribution company demand. The FDRE model is intended to provide firm, dispatchable output to match demand profiles.
The 259 MWp solar component entered commercial operations in March 2026 while the 200 MWh BESS began commercial operations in April 2026. Juniper Green secured the project through a tender floated by SJVN Limited and signed a 200 MW power purchase agreement (PPA) with SJVN, which in turn has a back-to-back power sale agreement with the Haryana Power Purchase Centre for supply to the state. The combined asset mix is designed to enable scheduled dispatch and improve supply predictability.
Since the FDRE guidelines were introduced in 2023, more than 10 tenders totalling over 14 GW have been issued by central and state agencies including SJVN, NHPC, SECI and NTPC, with around 10 GW under construction. Juniper Green is an independent renewable power producer headquartered in Delhi NCR and reported an operational capacity of approximately 1.66 GWp (gigawatt peak) as of January 2026. The company is part of the AT Capital Group, a Singapore-based investment group.