SJVN commissions 50 MW Gujrai Solar Power Station in UP

New Delhi: Clean enrgy PSU, SJVN Limited on Friday announced the commercial operation of its 50 MW Gujrai Solar Power Station located in District Kanpur Dehat, Uttar Pradesh. With this, the total installed capacity of SJVN now stands at 2,277 MW with 10 power stations currently operational.

Public Sector's voice PSU Watch is now on Whatsapp Channels. Click here to join

The 50 MW Gujrai Solar Power Station has been executed by SJVN through its renewable arm, SJVN Green Energy Limited (SGEL) at the cost of Rs 281 crores. As per the SJVN, the annual revenue from energy generated is expected to be approximately Rs 32 crores. The project will generate 107 million units in the first year and the estimated cumulative energy generation over a period of 25 years shall be 2477 million units.

Sharing this achievement, SJVN's Chairman & Managing Director (CMD) Geeta Kapur said that SJVN is committed to increase the country's non-fossil fuel-based energy generation and achieve net-zero emission target by 2070.

SGEL secured this grid-connected solar project at a tariff of Rs 2.98 per unit through Tariff based Competitive Bidding Process conducted by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) in November 2022. The Power Purchase Agreement has been inked with Uttar Pradesh Power Corporation Limited (UPPCL) for 25 years.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)