Central PSU SJVN Ltd has contracted Noida-based Solarworld Energy Solutions Pvt Ltd as EPC contractor for SJVN’s upcoming 75-mw solar power project in Uttar Pradesh.
A release from SJVN said that the EPC contract has been awarded for the 75-mw (AC) solar power project at Prasaran Solar Park in Uttar Pradesh. The mandate also includes operations & maintenance of the solar power asset for a period of three years.
The EPC contract is valued at around Rs.313 crore and is expected to be completed by August 2022.
The project
SJVN bagged the 75-mw Prasaran solar power project, located at Tehsil Kalpi, District Jalaun near Kanpur in Uttar Pradesh, through competitive bidding held by Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) at a tariff of Rs.2.68 per unit for 25 years. The project is expected to annually generate 168.343 million kwh of electricity with capacity utilization factor (CUF) of 25.06 per cent.
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Green portfolio
SJVN currently has 1,445 mw of solar projects under execution. He stated that all these solar projects are scheduled to be commissioned by FY24.
