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SJVN Wins 105 MW Floating Solar Project Worth Rs 730 Crore in Maharashtra

October 20, 2022
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SJVN Wins 105 MW Floating Solar Project Worth Rs 730 Crore in Maharashtra
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SJVN Wins 105 MW Floating Photo voltaic Mission Price Rs 730 Crore in Maharashtra

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State-owned SJVN introduced Wednesday that it received a floating photo voltaic undertaking of 105 MW value Rs 730 Crore in an e-reverse public sale by Maharashtra State Energy Technology Firm (MAHAGENCO).

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Nand Lal Sharma (Chairman & Managing Director of SJVN) acknowledged in an announcement, that SJVN had obtained a floating photo voltaic undertaking with a 105-MW capability via an e-reverse public sale carried out by MAHAGENCO.

Sharma stated that SJVN received the undertaking at Rs 3.93/unit on Construct, Personal and Ope foundation within the tariff-based aggressive bidding course of for MAHAGENCO.

He acknowledged that the estimated value of creating this undertaking is Rs 730 crore.

The undertaking will likely be in fee inside 15 months of the signing of the Energy Buy Settlement, which will likely be signed by SJVN and MAHAGENCO quickly.

He stated, “After commissioning, the undertaking will generate 230 million unit in first 12 months and 5,420 million unit over a interval of 25 years. The commissioning of this undertaking is anticipated to cut back 2,65,602 tonnes of carbon emission. SJVN is actively contributing in efforts of presidency of India for attaining internet zero carbon emission by 2070.” He stated that the SJVN is on a speedy growth and capability addition journey. Current portfolio of the corporate is greater than 42,000 MW and the corporate is marching ahead tirelessly to realize its shared imaginative and prescient of 5,000 MW by 2023, 25,000 MW by 2030 & 50,000 MW put in capability by 2040.

See also  Togo Issues Request for Proposals for 50 MW Solar PV Plant

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