SJVN secures 200 MW solar project in Gujarat

Shimla, March 3

The SJVN has secured 200 MW solar project at a tariff of Rs 2.66 per unit in an e-Reverse Auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). This project is to be developed by the SGEL on build, own and operate basis at the tentative development cost of Rs 1,100 crore.

As per the SJVN spokesperson, the company has bagged the 200 MW capacity project in the tariff based competitive bidding for development of solar projects in the 1125 MW Gujarat State Electricity Corporation Limited (GSECL) Solar Park at Khavda, Gujarat.

Geeta Kapur, chairperson and Managing Director, SJVN, said the project was expected to generate about 504 million units in the first year of commissioning and the cumulative energy generation over a period of 25 years would be about 11732 million units.

As per Request for Selection (RfS), the project will be commissioned in a period of 18 months from the date of signing of Power Purchase Agreement, which shall be signed between GUVNL and the SGEL for 25 years. The commissioning of this project is expected to reduce 5,74,868 tonnes of carbon emission.