SJVN bags first ever Wind-Solar Hybrid Project

SJVN bags first ever Wind-Solar Hybrid Project

by admin- Friday, May 6th, 2022 04:38:25 PM

SJVN bagged its first ever 30 MW Wind-Solar Hybrid venture through a soft floated with the aid of Solar Energy Corporation of India Ltd (SECT). The assignment become bagged @ Rs. 2.Fifty four/Unit on Build, Own and Operate basis within the Tariff primarily based competitive bidding procedure.

The tentative cost for Construction and Development of task is Rs. 195 crore and the project is anticipated to generate 79 MU’s within the 1st 12 months and on cumulative foundation approximately 1860 MU’s could be generated over a duration of 25 years. The Power Purchase Agreement (PPA) shall be signed among the Company and SECI for 25 years. The Project will be commissioned inside a length of 18 months from the date of signing of PPA

The commissioning of this Project is predicted to reduce 90,993 tonnes of carbon emissions and could make contributions in Government of India’s task of net zero carbon emission by using 2070.

This undertaking will assist the Company in attaining its bold shared vision of 5000 MW with the aid of 2023, 25000 MW via 2030 and 50000 MW by means of 2040 and concurrently make a contribution closer to RE ability addition target of 500 GW by using 2030 set by means of Government of India.

News Updates