SJVN’s renewable subsidiary -- SJVN Green Energy (SGEL) has signed a Contract Agreement for the Balance of System (BoS) of 360 MW Solar Power Project with Solar World Energy Solutions, Noida. The contract includes Operation and Maintenance of the Solar PV Plant for a period of three years.
The 360 MW Solar Power Project to be developed by SJVN through SGEL will be located in Bhuj, District Kutch, Gujarat. Earlier the project has been secured on Build Own & Operate basis in open competitive bidding process conducted by Gujarat Urja Vikas Nigam (GUVNL). A Power Purchase Agreement for the project has been signed between SGEL and GUVNL for 25 years.
The project is expected to generate 901.87 million units in the first year and the cumulative energy generation over 25 years is estimated at around 21244 million units. The commissioning of this project is expected to reduce 1040975 tonnes of carbon emission. This would contribute in Government of India’s mission of Carbon reduction for a carbon neutral economy.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
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