On June 12, 2023, SJVN Green Energy, a subsidiary of state-owned SJVN Ltd, successfully secured a 200 MW wind power project through tariff-based competitive bidding conducted by the Solar Energy Corporation of India. The project, which entails an investment of INR 1,400 crore, will be developed anywhere in India under an EPC (engineering procurement construction) contract.
SJVN Green Energy emerged as the sole winner, securing the entire quoted capacity of the 200 MW wind power project at a rate of INR 3.24/Unit on a build own and operate (BOO) basis through an e-reverse auction.
Once operational, the wind power project is expected to generate an estimated 578.16 MUs (million units) annually, resulting in a cumulative energy generation of approximately 14,454 MU over 25 years. As per the requirements outlined in the Request for Solution (RFS), the project is scheduled to be commissioned within 24 months from the date of signing the Power Sell Agreement (PSA),
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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.
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