SJVN Begins Operating 75 MW Parasan Solar Project in Uttar Pradesh

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The state-run company, SJVN Ltd.’s 75 MW Parasan Solar Power Project, Uttar Pradesh, has achieved commercial operation, according to Nand Lal Sharma, Chairman & Managing Director. The installed capacity of SJVN is now 2091.5 MW.

To build a 75 MW solar power project at the Parasan Solar Park in Uttar Pradesh, state-owned SJVN signed a contract with Noida-based Solarworld Energy Solutions Pvt Ltd for Rs 313.59 crore.

Earlier, SJVN had made an official announcement announcing that it had signed a contract with Solarworld Energy Solutions Private Ltd, Noida, for the development of a 75 MW (AC) solar power project at Parasan Solar Park, Uttar Pradesh, on an engineering-procurement-construction (EPC) basis with subsequent O&M (operation and maintenance) for three years.

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Through a competitive bidding process run by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA), SJVN won this project at a rate of Rs 2.68 per unit for 25 years. 168.34 million units (MU) of energy will be produced annually by the project, with a capacity utilisation factor (CUF) of 25.06 percent. The tehsil Kalpi in the Uttar Pradesh district of Jalaun, close to Kanpur, is where the Parasan Solar Park is situated.

Satluj Jal Vidyut Nigam (SJVN) announced in October (2022) that it has begun to commission its 75 MW Solar Power Project in the Parasan Solar Park.

Nand Lal Sharma, Chairman & Managing Director of SJVN stated, “SJVN continues to make a significant contribution to India’s expanding capacity for renewable energy, in line with the nation’s ambitious goal of obtaining 50% of its energy from non-fossil fuel sources, with seven operational power stations.”

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Recently, SJVN Ltd secured a contract worth Rs 585 crore to construct, own, and manage an 83 MW floating solar plant in Madhya Pradesh. According to a release by REWA Ultra Mega Solar Ltd. (RUMSL), the project has been secured at a tariff of Rs 3.70 per unit on a build, own, and operate basis.