SJVN bags 100 MW solar project in Gujarat

SJVN Limited has bagged a 100 MW solar project in Raghanesda solar park in Gujarat.

As per SJVN’s regulatory filing, it had participated in an open bidding process for allotment of Raghanesda solar park, Gujarat and bagged the quoted capacity of 100 MW at the rate of Rs 2.73 per unit on build own and operate (BOO) basis. The tentative cost of construction/development of this project is Rs 4.90 billion. The project is expected to generate 252 MUs in the first year and the project cumulative energy generation over a period of 25 years would be about 6,300 MUs.