State-owned energy producer SJVN Ltd on Sunday mentioned its arm SJVN Inexperienced Vitality has bagged a 200 MW photo voltaic mission in an e-Reverse Public sale performed by Gujarat Urja Vikas Nigam.
This mission is to be developed by SJVN Inexperienced Vitality on a build-own-and-operate foundation on the tentative improvement price of Rs 1,100 crore, an organization assertion mentioned.
Based on the assertion, SJVN bagged the 200 MW capability within the tariff-based aggressive bidding for the event of photo voltaic initiatives within the 1,125 MW Gujarat State Electrical energy Company Restricted (GSECL) Photo voltaic Park at Khavda, Gujarat.
SJVN by way of its wholly-owned subsidiary SJVN Inexperienced Vitality Restricted (SGEL) has secured a 200 MW Photo voltaic Challenge at a tariff of Rs 2.66 per unit in an e-Reverse Public sale performed by Gujarat Urja Vikas Nigam Restricted (GUVNL).
SJVN Chairman and Managing Director Geeta Kapur knowledgeable that the mission is predicted to generate about 504 million items within the first yr of commissioning and the cumulative power technology over 25 years can be about 11,732 million items.
As per Request for Choice (RfS), the mission can be commissioned in 18 months from the date of signing of the ability buy settlement, which might be signed between GUVNL and SGEL for 25 years.
The commissioning of this mission is predicted to cut back 5,74,868 tonnes of carbon emissions.
SJVN, a number one Energy CPSE, is on speedy development to attain its shared imaginative and prescient of 25,000 MW by 2030 and 50,000 MW by 2040.
This shared imaginative and prescient has been formulated in sync with the dedication of the federal government to generate 50 per cent of energy from non-fossil fuel-based power assets by 2030.
First Printed: Mar 03 2024 | 8:18 PM IST
