Corporate News     10-Aug-23
SJVN Green Energy bags 90 MW floating solar project
SJVN announced that SJVN Green Energy (SGEL), a wholly owned subsidiary of the Company, participated in the Tariff based competitive Bidding process of Omkareshwar Floating Solar Park Phase-II (300 MW) conducted by REWA Ultra Mega Solar (RUMSL) and bagged the full quoted capacity of 90 MW (Unit- B) Floating Solar Project @ ₹3.79/Unit on Build Own and Operate (BOO) basis through e-RA conducted on 08.08.2023.

The power purchase agreement shall be executed after issuance of LOI from RUMSL & MPPMCL. The Floating Solar Project (FSP) Project shall be developed by SGEL at the Omkareshwar reservoir, Madhya Pradesh through EPC contract.

Tentative cost of Construction / Development of this project is ₹610 Cr. The project is expected to generate 203 MUs in the 1st year and the cumulative energy generation over a period of 25 years would be about 4,781 MU. As per RfS the Project shall be commissioned in a period of 21 Months from the date of signing of PPA.

This is SGEL's 2nd Unit at Omkareshwar Floating Solar Park. SGEL is already developing the 90 MW (Unit-F) at Omkareshwar Floating Solar Park Phase-I. The commissioning of this Project is expected to reduce 2,34,304 Tonnes of carbon emission and would contribute in GoI mission of reduction in carbon emission.

Previous News
  Barometers trade with major gains; metal shares shine
 ( Market Commentary - Mid-Session 10-Sep-24   14:33 )
  Market under pressure; IT shares extent losses for 3rd day
 ( Market Commentary - Mid-Session 30-May-24   12:43 )
  SJVN surges after inking pact with for development of Upper Karnali HEP in Nepal
 ( Hot Pursuit - 10-Sep-24   14:15 )
  SJVN to convene AGM
 ( Corporate News - 27-Aug-24   16:30 )
  SJVN signs MoU for 34% stake in Rs 9,100 cr Upper Karnali HEP in Nepal
 ( Corporate News - 10-Sep-24   14:05 )
  SJVN to announce Quarterly Result
 ( Corporate News - 03-Aug-24   10:51 )
  SJVN Ltd Surges 11.53%, BSE Utilities index Gains 1.22%
 ( Hot Pursuit - 26-Jul-24   09:30 )
  SJVN Q3 PAT slumps 52% YoY to Rs 139 cr
 ( Hot Pursuit - 10-Feb-24   15:38 )
  SJVN slides as Q4 PAT tumbles 56% QoQ to Rs 61 cr
 ( Hot Pursuit - 30-May-24   12:02 )
  SJVN tumbles as OFS begings; non-retail portions subscribed 17% so far
 ( Hot Pursuit - 21-Sep-23   11:36 )
  JSW Energy signs power purchase agreement with SJVN
 ( Corporate News - 01-Jul-24   09:13 )
Other Stories
  Gujarat Natural Resources to convene board meeting
  05-Oct-24   17:43
  Narmada Macplast Drip Irrigation Sys. to convene board meeting
  05-Oct-24   17:43
  Grill Splendour Services to conduct board meeting
  05-Oct-24   17:43
  Consolidated Construction Consortium to hold board meeting
  05-Oct-24   17:43
  Visagar Polytex to announce Quarterly Result
  05-Oct-24   17:42
  GNA Axles to convene board meeting
  05-Oct-24   17:42
  Fidel Softech to conduct board meeting
  05-Oct-24   17:42
  Rita Finance & Leasing announces board meeting date
  05-Oct-24   17:42
  Pelatro to conduct EGM
  05-Oct-24   17:36
  Thinkink Picturez to hold AGM
  05-Oct-24   17:35
Back Top