From pv magazine India
SJVN, an Indian government-owned power generation company, has won a 100 MW solar project in the Indian state of Gujarat through a reverse auction held by GUVNL. The company secured the project by quoting a winning tariff of INR 2.54 ($0.031)/kWh.
SJVN will develop the project on a build-own-operate basis through its wholly-owned subsidiary SJVN Green Energy Ltd (SGEL). The project cost is estimated at INR 550 crore.
SGEL will execute the project in a solar park being developed by Gujarat Industrial Power Corp. in Khavda, Gujarat, through an engineering, procurement, and construction contract. GUVNL will buy the power under a 25-year power purchase agreement.
“The project is expected to generate about 252 million units in its first year of commissioning and the cumulative energy generation over a period of 25 years would be about 5,866 million units,” said SJVN. “The commissioning of this solar project is anticipated to reduce 2,87,463 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.