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SJVN Limited, a joint venture of the Government of India and the Government of Himachal Pradesh, has announced a fresh tender to select developers for 600 MW of wind power projects connected to the Inter-State Transmission System. The tender is part of the ongoing efforts to expand renewable energy capacity through tariff-based competitive bidding. This move builds on a similar exercise conducted earlier this year and reflects India’s focus on strengthening clean energy initiatives and diversifying its power mix.
The tender process has been carefully structured to ensure transparency and efficiency. Online bid submission began on September 6, 2025, and will remain open until October 20, 2025. This gives developers over a month to finalize their participation. The techno-commercial bids will be opened shortly after the deadline, on October 23, 2025. This quick turnaround is expected to help in the faster implementation of projects, reducing delays and supporting timely progress in renewable energy capacity addition.
Financial requirements have been clearly defined to ensure that only serious and capable players participate. Bidders are required to submit an Earnest Money Deposit of ₹1.3 million per MW of the bid capacity, with the maximum limit capped at ₹200 million. This deposit acts as bid security and prevents non-serious participation. In addition, the tender requires successful bidders to furnish a Performance Bank Guarantee of ₹3.3 million per MW before signing the Power Purchase Agreement. This guarantee ensures that developers complete their projects within the committed timelines and maintain accountability in execution. A non-refundable document fee of ₹29,500 and a bid processing fee of ₹1.5 million are also mandatory for participation.
The tender has set clear conditions on capacity to encourage fair competition. Developers must bid for a minimum capacity of 50 MW and can go up to a maximum of 300 MW. This balance allows both medium and large-scale players to participate. The projects are required to maintain a minimum capacity utilization factor of 22%, ensuring efficiency and reliable performance over the long term. These technical and financial safeguards are designed to strengthen the reliability of the projects and contribute effectively to the grid.
The power generated from these 600 MW projects will be supplied to Punjab State Power Corporation Limited or other designated buyers. This provides long-term clarity on offtake and ensures that the energy generated contributes directly to meeting state-level and national renewable energy goals. By mandating strong technical standards and financial guarantees, SJVN Limited aims to attract capable developers who can deliver projects on time and ensure smooth operations over the project lifecycle.
This tender marks another important step in India’s renewable energy journey, particularly in scaling up wind power capacity. With a focus on clean energy expansion, financial discipline, and technical efficiency, the initiative is expected to not only add 600 MW of renewable capacity but also improve grid stability. The structured process and firm deadlines demonstrate the government’s commitment to fast-tracking renewable energy projects and reinforcing India’s position as a growing leader in sustainable energy development.
