SJVN secures 100MW solar project in Gujarat

SJVN Limited has secured 100 MW grid-connected solar power project in Gujarat through tariff-based competitive bidding conducted by Gujarat Urja Vikas Nigam Limited (GUVNL).

The project will generate 245.28 MUs of energy annually and the cumulative energy generation over a period of 25 years will be about 6,132 MUs.The energy generated from this project will be procured by GUVNL for 25 years and power purchase agreement is expected to be signed shortly. The tentative cost of project development is about Rs 5 billion.