SJVN has successfully achieved Commercial Operation Date (COD) of the 75 MW Jamui Solar Power Project in Jamui District of Bihar. The project has been executed through the company’s wholly owned subsidiary -- SJVN Green Energy (SGEL). The project is expected to generate around 90 million units of electricity during its first year of operation and around 3,522 million units cumulatively over a period of 25 years. The project has been developed over around 300 acres of outright-purchased land near Village Hadhadiya, Kakanchaur, in Jamui District of Bihar, at an estimated project cost of Rs 342 crore.
The tariff for the power generated from the project has been fixed at Rs 2.96 per unit. The competitive tariff will facilitate the availability of affordable and clean green power to consumers. The electricity generated from the project will be supplied to the State of Bihar. The project has also contributed to employment generation and local economic development. It has created around 15 to 20 direct employment opportunities and around 50 to 100 indirect employment opportunities, thereby contributing to the creation of green jobs and providing an economic impetus to the local community.
The commissioning of the project is also a significant contribution towards the Government of India’s target of achieving 500 GW of renewable energy capacity by 2030. Besides supplying clean energy to the grid, the project is estimated to reduce around 82,250.74 tonnes of carbon emissions, thereby supporting the country’s decarbonisation objectives and climate commitments.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
