State-owned SJVN Ltd on Saturday stated that its arm SJVN Inexperienced Power has bagged a 200 MW sun undertaking price Rs 1,200 crore from Maharashtra State Electrical energy Distribution Corporate Ltd.
“Corporate via its wholly-owned subsidiary SJVN Inexperienced Power Restricted has bagged 200 MW solar energy undertaking on Construct Personal and Perform (BOO) foundation from Maharashtra State Electrical energy Distribution Corporate Restricted (MSEDCL) via e-RA (Opposite Public sale) performed on December 2, 2022,” a BSE submitting stated.
The tentative price of this undertaking is round Rs 1,200 crore and the undertaking is predicted to generate 455.52 Million Gadgets (MUs) within the 1st 12 months and the cumulative power technology over a length of 25 years can be about 10,480.82 MUs, it stated.
The commissioning of the undertaking is predicted to scale back 5,13,560 tonnes of carbon emission and would give a contribution to the federal government of India’s venture of relief in carbon emission.
Recently the corporate’s renewable portfolio stands at 4,320.5 MW, out of which 179.5 MW is underneath operation, 1,385 MW underneath building and a couple of,756 is at other levels of implementation.
The corporate has aligned its shared imaginative and prescient of five,000 MW through 2023, 25,000 MW through 2030 and 50,000 MW capability through 2040 with that of the federal government of India’s goal of accomplishing 50 according to cent power from non-fossil gas assets through 2030.
As a strategic and dependable spouse, SJVN plans to play a very important function in blank power transition of the country, it mentioned.