New Delhi: SJVN Limited on Saturday announced that its 75 MW Gurhah Solar Power Plant located in district Jalaun, Uttar Pradesh has achieved commercial operation. With Commissioning of this project installed capacity of SJVN now stands at 2227 MW.
According to an official statement, SJVN has implemented 75 MW Gurhah Solar Power Project Plant through its wholly-owned subsidiary SJVN Green Energy Limited (SGEL). SGEL has 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.
According to the company, this project will generate 159.77 million units in the first year and the estimated cumulative energy generation over a period of 25 years will be around 3,716 million units. The power purchase agreement (PPA) for the energy generated has already been signed with Uttar Pradesh Power Corporation Limited for 25 years.
“The project has been developed at the cost of Rs 408.42 crores, while the expected revenues from energy generated is around Rs 48 crores per annum,” said SJVN CMD NL Sharma.
This is 9th project that is commissioned by SJVN, with this installed capacity of SJVN now stands at 2227 MW.