Shimla: Counted as India’s largest Engineering, Procurement & Construction (EPC) solar project contracted awarded till date, SJVN on Wednesday (4th May, 2022) issued a Letter of Award for setting up of a 1000 MW Solar Project in Bikaner, Rajasthan to Tata Power Solar Systems Ltd.
Giving details about the project Mr Nand Lal Sharma, Chairman & Managing Director, SJVN said that a LOA (Letter of Award) for Engineering, Procurement and Construction (EPC) of 1000 MW Solar Project in Bikaner, Rajasthan had been issued to M/s Tata Power Solar Systems Limited.
SJVNs 100 MW Rajasthan Solar Power Project Cost Put At Rs 5491.89 Cr
Sharma claimed that this was India’s biggest Solar EPC Contract that had been awarded till date. The composite cost for the construction & development of the project is Rs 5491.89 Crore, said Sharma adding that the project would generate 2454.55 MU electricity in 1st year and approximately 56838.32 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 is scheduled to be commissioned by May 2024.
Sharma said “This Project consolidates our commitment towards achieving 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 EPC Contract includes end to end delivery of the commissioned Solar Plant to SJVN including arrangement of land on 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 1000 MW Solar Power Project was secured by SJVN through competitive Bidding Process under CPSE Scheme of GOI.
SJVN is currently operating hydro, wind and solar power plants and is constructing a thermal in Bihar. The Power CPSU has also diversified into Power Transmission and Power Trading.