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SJVN inks pact with Tata Power Solar Systems

27 May 2022 Evaluate

SJVN has inked a pact with Tata Power Solar Systems to build a 1,000 MW solar project worth Rs 5,500 crore in Bikaner, Rajasthan. This Rs 5,500 crore-EPC contract is the country's biggest solar contract awarded till date. SJVN had secured this 1,000 MW solar project through CPSU scheme of Government of India.

The contract includes end-to-end delivery of commissioned solar plant to SJVN including arrangement of land on outright purchase basis, power evacuation system up to the ISTS (inter-state transmission system) sub station, and operation and maintenance of the solar PV plant for three years.

SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.

Peers
Company Name CMP
NTPC 330.00
Tata Power 363.30
Adani Power 202.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1346.95
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