SJVNL, Solar World Energy Sign Contract For 360 MW Solar Project

SJVNL Signed Agreement With Solar World Energy For 360 MW Project

Satluj Jal Vidyut Nigam, (SJVN) Limited recently announced the signing of a contract agreement for the Balance of System (BoS) of a 360 MW Solar Project with Solar World Energy Solutions. 

This announcement was made by Nand Lal Sharma, Chief Managing Director (CMD) of SJVN Limited on social media platform X. In the announcement he stated, “SJVN Green Energy Limited (SGEL) a subsidiary of SJVN Limited, and Solar World Energy Solutions an energy saving company secured the project on Build Own & Operate basis in an open competitive bidding process conducted by Gujarat Urja Vikas Nigam Limited (GUVNL).”

He added, “A Power Purchase Agreement for the project has been signed between SGEL and GUVNL for 25 years.”  He elaborated, the agreement was signed in the presence of Akhileshwar Singh, Director (Finance) SJVN, Ajay Singh, CEO, SGEL and senior official of SGEL and Solar World Energy Solutions.

Earlier this year, Satluj Jal Vidyut Nigam Limited (SJVN) Limited chairman & managing director (CMD) Nand Lal Sharma announced that its 75 MW Gurhah solar power plant located in district Jalaun, Uttar Pradesh (UP) has achieved commercial operation. With the commissioning of this project, the installed capacity of SJVN currently stands at 2227 MW.

He further stated, “SJVN has implemented 75 MW Gurhah Solar Power Project Plant through its wholly owned subsidiary SJVN Green Energy Limited (SGEL). SGEL bagged this 75 MW Solar Power Project at a tariff of Rs. 2.98 per unit through Competitive Tariff bidding conducted by Uttar Pradesh New & Renewable Development Agency (UPNEDA).”