SJVN Signs Deal With Assam Govt For 1000 MW Floating Solar Power Projects

SJVN Green Energy Limited (SGEL) and Assam Power Distribution Company Limited (APDCL) have signed a MoU in Guwahati to develop 1000 MW of Floating Solar Power Projects in Assam. The two companies will incorporate a Joint Venture Company for the purpose. The information has been provided by Nand Lal Sharma, Chairman & Managing Director of SJVN.

SGEL is SJVN’s wholly owned subsidiary. The agreement was signed in the presence of Chief Minister of Assam Himanta Biswa Sarma, Minister of Public Health Engineering, Skill, Employment & Entrepreneurship & Tourism Jayanta Mallabaruah, Power Minister Nandita Gorlosa and Minister for Labour Welfare Sanjoy Kishan.

The SJVN CMD also highlighted the benefits of the project on the occasion. Sharma held that the floating solar power project will generate 2192 million units in first year post commissioning and around 50425 million units cumulative energy will be generated over 25 years.

The project will have an investment of Rs 6000 crore from SJVN. It will also generate 4000 direct and indirect employment opportunities during construction and operation stages.

There will be carbon emissions reduction to the tune of 1,07,383 tonnes for first year and 24,70,732 tonnes for complete life span from the floating solar.

Nand Lal Sharma said, “SJVN is keen to be the partner in progress of Assam and development of Green Energy of state. This project will bring in multiple avenues of employment, boost to local businesses, green power generation, carbon emission reduction and over all socio-economic development in Assam.”

Assam has the floating solar power generation potential of around 3000 MW out of which SJVN would develop 1000 MW Floating Solar Projects across the state and the same shall be spread over 4500 hectares of water area.

The official statement by SJVN held that the project will save approximately 2500 hectares of land as floating solar power projects does not require any land levelling, removal of vegetation or any displacement.