SJVN Ltd, a state-owned company, has successfully secured a 200 MW solar project worth INR 1,200 crore in Khavda Solar Park.
The project was awarded through an e-Reverse auction organized by Gujarat Urja Vikas Nigam Ltd (GUVNL) and will operate on a Build, Own, and Operate (BOO) basis.
The project was awarded at a tariff of INR 2.88 per unit and is projected to generate approximately 505 million units in its first year of commissioning.
Over a period of 25 years, the cumulative energy generated by the project is expected to reach approximately 11,756 million units.
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