SJVN to set up 200 MW solar project in Kachchh district of Gujarat

SJVN Green Energy Limited (SGEL), the renewable energy arm of SJVN, has received Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for execution of 200 MW solar project in GUVNL Phase–XXIII. SGEL had earlier bagged the 200 MW solar project through tariff based competitive bidding at a tariff of Rs. 2.66 per unit on Build Own and Operate (BOO) basis for which electronic reverse auction was conducted by GUVNL on March 2, 2024.

Chairperson & Managing Director, SJVN, Geeta Kapur apprised that the tentative cost of construction and development of this project is Rs. 1,100 crores. The project is to be developed at the Gujarat State Electricity Corporation Limited (GSECL) Solar Park at Khavda in Kachchh district of Gujarat. The Power Purchase Agreement (PPA) will be executed with GUVNL after adoption of tariff by GERC. The Project will be commissioned within a period of 18 months from the date of signing of the PPA.

The project is expected to generate 508.40 million units of energy in the first year after commissioning and the cumulative energy generation over a period of 25 years is projected to be about 11,698.16 million units. The commissioning of this project is expected to reduce 5,73,210 tonnes of carbon dioxide emissions.