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SJVN to invest over Rs 1,000 crore in 3 solar projects in Uttar Pradesh

SJVN has been felicitated by the UP Govt for investing more than Rs 1,000 crore in the state during the 3rd Investor Meet Ground Breaking ceremony

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New Delhi: Power producer SJVN Limited will invest over Rs 1,000 crore to set up three renewable energy projects in Uttar Pradesh. SJVN Limited’s CMD Nand Lal Sharma said two solar projects with a capacity of 75 MW each will be set up at villages Parasan and Gurha in district Jalaun. He said that the 75 MW Solar Power Project is at village Parasan Tehsil Kalpi, District Jalaun, while another 75 MW Solar Power project is at village Gurhah Tehsil Orai, District Jalaun and third 50 MW Solar Power Project is at village Gujarai Tehsil Akbarpur, District Kanpur Dehat.

He said that with these three solar power projects, SJVN is investing around Rs 1057 Crores in Uttar Pradesh. The 75 MW Parasan Solar Power Project is scheduled to be commissioned in August 2022 and the remaining two projects are expected to be commissioned by May 2023. Once commissioned these projects will cumulatively generate 434 MU in a year. During the construction of these projects’ employment opportunities equivalent to 53,000-man-days will be created.

“SJVN has been felicitated by the Uttar Pradesh government for investing more than Rs 1,000 crore in the state during the 3rd Investor Meet Ground Breaking ceremony. The event was chaired by Prime Minister Narendra Modi,” the company said in a statement on Friday.

Shimla-based SJVN Limited is a joint venture of the Government of India and the Government of Himachal Pradesh.

SJVN Limited’s Director (Finance) Akhileshwar Kumar Singh informed that SJVN has bagged three grid-connected Solar Power Projects in Uttar Pradesh through open competitive tariff bidding process with a cumulative capacity of 200 MW on build own and operate (BOO) basis.

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