SJVN has bagged a 90 MW floating solar project worth Rs 585 crore at Omkareshwar, in Madhya Pradesh. The company has bagged 90 MW Floating Solar Project at the rate of Rs 3.26/Unit on Build Own and Operate basis in a tender floated by REWA Ultra Mega Solar (RUMSL). The company will develop this project in the country's largest floating solar park at Omkareshwar in Khandwa District of Madhya Pradesh.
After commissioning, the project will generate 219 Million Units in the first year and 5,158 Million Units over a period of 25 years. The Power Purchase Agreement will be signed between RUMSL and SJVN for 25 years. The project shall be commissioned within a period of 15 months from the date of signing of PPA.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
