SJVN buys 2,043 acre-land for 1,000 MW solar project in Rajasthan

New Delhi: State-owned SJVN has bought 2,043 acres of land to arrange a 1,000 MW solar energy undertaking in Bikaner, Rajasthan. The undertaking is scheduled to be commissioned in January 2024.

In Could this 12 months, the corporate awarded the nation’s single largest EPC contract for the 1,000 MW solar energy undertaking to Tata Energy Photo voltaic Methods Ltd for a complete worth of Rs 5,491 crore, in accordance with a press release on Thursday.

SJVN Chairman and Managing Director (CMD) Nand Lal Sharma stated that SJVN by means of its renewable arm SJVN Inexperienced Power Ltd (SGEL) has executed a land registry of about 2,043 acres of land for the event of the undertaking.

The 1,000 MW solar energy undertaking would generate 2,454.55 million models of electrical energy.

The corporate has additionally signed a Energy Buy Settlement (PPA) for a 90 MegaWatt (MW) Floating Photo voltaic Venture (FSP) in Omkareshwar, Madhya Pradesh.

The pact has been signed by SGEL with MP Energy Administration Firm Ltd (MPPMCL) and Rewa Extremely Mega Photo voltaic Restricted (RUMSL) for the 90 MW FSP.

“The Letter of Award for improvement of FSP has been issued by RUMSL.

“The tentative value of improvement of the undertaking is Rs 585 crore and it shall be commissioned in a interval of 15 months from the signing of PPA. The undertaking has been bagged at (tariff of) Rs 3.26 /unit in a Tariff Based mostly Aggressive (TBC) Bidding technique of RUMSL by means of e-reverse public sale,” Sharma stated.

Energy era of 194 million models within the first 12 months and a cumulative of 4,570 MU over a 25-year-period is predicted from the 90 MW undertaking.

The commissioning of this undertaking is predicted to cut back 2.3 lakh tonnes of carbon emission, the assertion stated.

Supply hyperlink


Leave a Reply

Avatar placeholder

Your email address will not be published. Required fields are marked *