SJVN Ltd Bags 75 MW Solar Project in Jalaun, UP

Hydroelectric power generation company SJVN Ltd announced on Friday its winning of a 75 MW grid-connected solar project in Jalaun, Uttar Pradesh.

SJVN Ltd, which is a joint venture of the Government of India and the Himachal Pradesh government, has said in a statement that the power generated from the project will be procured by Uttar Pradesh New and Renewal Development Agency (UPNEDA) for 25 years at a quoted tariff of Rs 2.68/KWh.

The state-owned power producer explained that it had received a letter of intent (LoI) for a 75 MW grid-connected solar power project at Parasan in Jalaun district of Uttar Pradesh through tariff-based competitive bidding by UPNEDA. The latter is the nodal agency for implementing solar energy schemes in UP.

Earlier this month, the company announced that it had once again emerged as the winner in the auctions conducted by the Gujarat Urja Vikas Nigam Ltd (GUVNL) for 100 MW solar projects to be developed in the Raghanesda Solar Park. SJVN won the project capacity at a tariff of Rs 2.64/kWh. UPNEDA also issued a tender this month, inviting bids for 106 MW of solar plants under the PM KUSUM scheme. The scheme, while primarily focused on solar pumps initially, was expanded later to include solar plants too.

SJVN has made headlines this year due to various reasons, including the announcement of its winning the auction for 288 MW of wind power assets spread across Madhya Pradesh, Karnataka, and Andhra Pradesh, owned by Power Trading Corporation India (PTC Limited). It also took out a tender for leasing contiguous land holdings of 1250 acres to be considered for a solar power project. Typically, a land holding of that size will house close to 250 MW of solar projects.

Beginning with a single project and single state operation (i.e. India’s largest 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh), SJVN has commissioned seven projects totalling 2016.5 MW of installed capacity and 86 km 400 KV Transmission Line till date. The company is presently implementing or operating power projects in Himachal Pradesh, Uttarakhand, Bihar, Maharashtra and Gujarat in India besides neighbouring countries of Nepal and Bhutan.