SJVN has obtained 200 MW Grid Connected Solar Power Project in Khavda Solar Park, Gujarat through e-Reverse auction conducted by Gujarat Urja Vikas Nigam (GUVNL). The company bagged the full quoted capacity of 200 MW at Rs 2.88 per unit on Build Own and Operate basis under Open Competitive Tariff bidding by GUVNL. This solar project shall be developed by the Company in Khavda Solar Park, Gujarat. The tentative cost for development of this project shall be approximately Rs 1,200 crore.
The project is expected to generate 505 million units in 1st year of commissioning and cumulative energy generation over a period of 25 years would be around 11,756 million units. Further, commissioning of the project is expected to reduce 5,76,067 tonnes of carbon emission.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
