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SJVN’s arm receives LoA for development of 100 MW Solar Power Project

12 Oct 2023 Evaluate

SJVN’s wholly owned subsidiary -- SJVN Green Energy (SGEL) has received Letter of Award (LoA) on October 6, 2023 at a tariff of Rs 2.62 / Unit for development of 100 MW Solar Power Project to be situated anywhere in the state of Rajasthan. The company has participated in the tariff based competitive bidding conducted by Rajasthan Urja Vikas Nigam (RUVNL) for development of Solar Power Project in the state of Rajasthan. The Solar project shall be developed on Build Own and Operate (BOO) basis.

Tentative cost of Construction / Development of this project is around Rs 600 crore. The project is expected to generate about 252 MUs in the 1st year and the cumulative energy generation over a period of 25 years would be about 5866 MU. As per RfS the Project shall be commissioned in a period of 18 Months from the date of signing of PPA. The PPA shall be signed between RUVNL and SGEL for 25 years. The commissioning of this Project is expected to reduce 287434 Tonnes of carbon emission and would contribute in GoI mission of reduction in carbon emission.

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


SJVN Share Price

77.43 -1.56 (-1.97%)
24-Apr-2026 12:29 View Price Chart
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