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NDMC to Procure 150 MW Solar Power from SJVN for 25 Years

The North Delhi Municipal Corporation (NDMC) has conveyed its in-principle approval to SJVN to procure 150 MW solar power from SJVN at the rate of Rs 2.44/kWh for 25 years under CPSU Scheme.

 

The Indian Renewable Energy Development Agency (IREDA) has floated a tender for setting up 5,000 MW grid-connected solar power projects in India (Tranche-III) under the Central Public Sector Undertaking (CPSU) programme (Phase-II) of grid-connected projects for self-use or use by government entities.

 

It has maximum permissible limit for the viability gap funding (VGF) at 55 lakh/MW for the projects.

 

SJVN plans to participate in the upcoming bidding opportunity for 1,000 MW and has tied up with NDMC for procurement for power from its solar projects.

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