SJVN Green Energy secures 200 MW wind energy project worth Rs 14 billion

SJVN Limited’s arm SJVN Green Energy Limited has secured a 200 MW wind power project entailing an investment of Rs 14 billion in a tariff-based competitive bidding process conducted by Solar Energy Corporation of India Limited.

This wind power project will be developed by SJVN Green Energy anywhere in India through engineering, procurement and construction contract. SJVN Green Energy bagged the full quoted capacity of 200 MW wind power project at the rate of Rs 3.24 per unit on build, own and operate basis through e-reverse auction. The project is expected to generate 578.16 MUs annually, and the cumulative energy generation over 25 years would be about 14,454 MUs. The project will be commissioned in a period of 24 months from the date of signing of power sale agreement.