From pv magazine India
SJVN has secured a 105 MW floating solar project in the Indian state of Maharashtra by placing the lowest bid of INR 3.93 ($0.047)/kWh in a reverse auction held by Maharashtra State Power Generation Co.
SJVN will set up the project on a build-own-operate basis. The estimated cost of project development will be $87.9 million. The project is scheduled for commissioning within 15 months of the date of signing of the power purchase agreement.
“After commissioning, the project will generate 230 million units of electricity in the first year and 5,420 million units over a period of 25 years,” said Nand Lal Sharma, chairman and managing director of SJVN. “The commissioning of this project is expected to reduce 2,65,602 tons of carbon emissions.”
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.