SJVN’s wholly owned subsidiary -- SJVN Green Energy has started commissioning of its 75MW Solar Power Project located at Tehsil Kalpi, District Jalaun near Kanpur, Uttar Pradesh. The complete 75 MW capacity shall be commissioned by the end of this month i.e., October 30, 2022.
The project shall generate 168.34 Million Units (MUs) in the 1st year and the project cumulative energy generation over a period of 25 years would be about 3919 MUs. This would help in annual enhancement of revenue to the tune of approximately 45.11 crore which would enhance the top and bottomline of balance sheet. The Power Purchase Agreement (PPA) for the same has been signed with Uttar Pradesh Power Corporation (UPPCL) for 25 years.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
