SJVN signed Power Purchase Agreements (PPA) for three hundred MW Renewable Energy Projects. The PPAs were signed by way of SJVN Green Energy Ltd (SGEL), a completely owned subsidiary of the Company.

PPA has been signed for 2 hundred MW Solar Power Project Capacity with Maharashtra State Electricity Distribution Company Limited (MSEDCL) at Mumbai and with Solar Energy Corporation of India Ltd (SECI) for 100 MW Wind Power Capacity at Delhi.

The improvement price of 2 hundred MW Ground Mounted Solar Project in Maharashtra is round Rs. 1,200 crores. SGEL has bagged the task at a tariff of ₹2.90 in line with unit via aggressive bidding technique in an e-reverse auction prepared by MSEDCL. The venture is anticipated to be commissioned in December 2024. The mission is anticipated to generate 456 MU within the 1st year and the cumulative power technology over a duration of 25 years might be approximately 10,481 MUs.
The development cost of 100 MW Wind Power Project is round ₹750 crores. The undertaking has been received @ Rs. 2.90 according to unit on Build Own and Operate basis via e-opposite public sale. The challenge is anticipated to be commissioned in March 2025. The mission is anticipated to generate 289.27 MUs in the 1st year and the cumulative power technology over a period of 25 years could be about 7,231.75 MUs.

Commissioning of these initiatives is expected to reduce 8,67,916 Tonnes of carbon emission to make contributions to Govt. Of India’s challenge of internet 0 emission by way of 2070. In the backdrop of Government of India’s vision to generate 500 GW Energy by using 2030 from non-fossil assets, the Company has embarked on an bold adventure for improvement of renewable strength. The Company is including great renewable tasks to its portfolio to pursue this vision. These
current additions of recent tasks are leading the corporation towards actualizing its Shared Vision of five,000 MW by means of 2023-24, 25,000 MW via 2030 & 50,000 MW set up capability via 2040.