Key Points of SJVN Green Energy Solar Project:
- SJVN Green Energy, a subsidiary of SJVN Limited, has won a 200 MW solar power project in Maharashtra, India.
- The project was awarded by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) through a highly competitive bidding process.
- The project is expected to be located in Dhule district and completed within 18 months of the signing of the power purchase agreement (PPA).
- The solar power plant is estimated to generate around 445 million units of electricity annually, which will be supplied to MSEDCL through a long-term PPA.
- The project will contribute to India’s target of achieving 175 GW of renewable energy capacity by 2022.
- The project will help decrease India’s carbon footprint and increase the percentage of renewable energy sources in the country’s energy mix.
Details of SJVN Green Energy Solar Project:
SJVN Green Energy, a subsidiary of SJVN Ltd, has secured a noteworthy win in the renewable energy sector by securing a 200 MW solar power project in Maharashtra, India. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) awarded the project through a highly competitive bidding process.
The project is expected to be located in Dhule district and is anticipated to be completed within 18 months of the signing of the power purchase agreement (PPA). It is estimated that the solar power plant will generate approximately 445 million units of electricity annually, which will be supplied to MSEDCL through a long-term PPA.
With SJVN Green Energy’s impressive track record in renewable energy projects across India, this project is set to make a substantial contribution to the country’s target of achieving 175 GW of renewable energy capacity by 2022. The project will also play a key role in decreasing India’s carbon footprint and increasing the percentage of renewable energy sources in the country’s energy mix.
Overall, SJVN Green Energy’s 200 MW solar power project is a significant milestone in India’s journey towards a more sustainable future, and the company’s commitment to clean energy is a testament to its dedication to environmental preservation.
About SJVN Green Energy:
SJVN Green Energy, a publicly unlisted company, was established on March 30th, 2022. This organization is categorized as a Government of India enterprise and is situated in Shimla, Himachal Pradesh. Its approved share capital amounts to INR 5,000.00 crores, and the aggregate paid-up capital is INR 300.00 crores.
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