Juniper Green Energy shares are likely to remain in focus on today after the company received a Letter of Award from the SECI

Juniper Green Energy shares are likely to remain in focus on August 17 after the company received a Letter of Award (LoA) from the Solar Energy Corporation of India (SECI) for a 230 MW Firm and Dispatchable Renewable Energy Round-the-Clock (FDRE-RTC) power project. Under the award, Juniper Green Energy will be responsible for the construction, commissioning and operation of the 230 MW FDRE-RTC project, with power to be supplied through India’s Inter-State Transmission System. The project carries a 25-year Power Purchase Agreement (PPA) from the commercial operation date, while the scheduled commercial operation date (SCOD) is expected within 24 months of the PPA’s effective date. The contracted tariff has been set at ₹5.26 per unit. Separately, the company recently announced the commissioning of around 167 MW of wind capacity across five projects in multiple phases. This has increased its total operational capacity from approximately 2,408 MWp to 2,575 MWp. Juniper Green Energy made a strong debut on the stock exchanges on August 6, with its shares listing at a premium of around 9%, broadly in line with market expectations. The company’s IPO was subscribed 7.97 times during the bidding period from July 30 to August 3. With the latest FDRE-RTC award adding to its project pipeline and its operational capacity continuing to expand, the stock is expected to remain in focus among investors.