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SJVN Commissions Solar Power Plant in UP

SJVN Green Energy, a subsidiary of SJVN, has successfully launched the Gurhah solar power project in Jalaun, Uttar Pradesh, generating 75 megawatts. They secured this project at a rate of Rs 2.98 per unit. The agreement for power purchase, spanning 25 years, has been finalized with Uttar Pradesh Power Corporation (UPPCL).

 

“SJVN Green Energy Limited had bagged this 75 MW Solar Power Project at a tariff of Rs 2.98 per unit through Competitive Tariff bidding conducted by Uttar Pradesh New & Renewable Development Agency (UPNEDA). Power Purchase Agreement for the same has been signed with Uttar Pradesh Power Corporation Limited (UPPCL) for 25 years.

 

Cost of Construction / Development of this project is Rs 4.0842 billion. The project will generate 159.77 Million Units (MU) in the first year and the estimated cumulative energy generation over a period of 25 years shall be 3716 Million Units (MU). This will further result into revenues of around Rs. 480 million per annum. With commissioning of this Gurhah Solar Power Project, the total installed capacity of SJVN is now 2227 MW, said the power generating firm.

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