Shimla: Having made a foray into Solar Power in a big way, SJVN – a central public sector power company, notified the commissioning of a 50 MW Solar Power Plant located at Kanpur Dehat District in Uttar Pradesh.
Making the announcement Smt Geeta Kapur, the first lady Chairman & Managing Director of any CPSU said, “The 50 MW Gujrai Solar Power Station has been executed by SJVN through its renewable arm, SJVN Green Energy Limited (SGEL) at the cost of Rs. 281 crores.
“Annual revenue from energy generated is expected to be approximately Rs. 32 crores. The project will generate 107 million units in the first year and the estimated cumulative energy generation over a period of 25 years shall be 2477 million units,” said Ms Kapur.
With the successful Commercial Operation of its 50 MW Gujrai Solar Power Station SJVN now has scaled up to having 10 power stations in operation. And the total installed capacity now stands at 2277 MW.
Smt. Geeta Kapur said that SJVN is committed to increase the country’s non-fossil fuel-based energy generation and achieve Net Zero emission target by 2070.
SGEL secured this grid-connected solar project at a tariff of Rs. 2.98 per unit through Tariff based Competitive Bidding Process conducted by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) in November 2022. The Power Purchase Agreement has been inked with Uttar Pradesh Power Corporation Limited (UPPCL) for 25 years.
