Friday, May 13, 2022

SJVN awards India’s biggest solar project EPC contract to Tata Power Solar

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New Delhi: Green energy PSU SJVN Limited has issued a Letter of Award (LoA) for 1,000 MW solar power projects in Bikaner, Rajasthan, to Tata Power Solar Systems Limited. SJVN Limited’s CMD Nand Lal Sharma informed that the company has issued an LoA for engineering, procurement and construction (EPC) of a 1,000 MW solar project in Bikaner, Rajasthan to Tata Power Solar Systems Limited.

Sharma said that this is India’s biggest solar EPC contract that has been awarded till date. The composite cost for the construction and development of the project is Rs 5,491.89 crore. The project will generate 2454.55 MU of electricity in the first year and approximately 56,838.32 MU over a period of 25 years. The commissioning of this project is expected to reduce approximately 27,85,077 tonnes of carbon emission in 25 years. The project will be commissioned by May 2024.

Sharma said, “This project further consolidates our commitment towards achieving the government of India’s target of 500 GW non-fossil energy capacity and reduction of total projected carbon emissions by one billion tonnes by 2030. The recent securing of new solar projects is also paving the way for achieving SJVN’s Shared Vision of 5,000 MW by 2023, 25,000 MW by 2030 and 50,000 MW by 2040.”

Sharma further stated that the scope of this EPC contract includes end-to-end delivery of the commissioned solar plant to SJVN, including arrangement of land on an outright purchase basis, power evacuation system up to the ISTS Sub Station and operation and maintenance of the solar PV plant for three years.

The 1,000 MW Solar Power Project was secured by SJVN through a competitive bidding process under the CPSE Scheme of the government.

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