New Delhi: State-owned SJVN Ltd has secured a 100 MW grid-connected wind energy undertaking in Gujarat, Chairman and Managing Director Nand Lal Sharma stated on Saturday. The undertaking was awarded to SJVN Inexperienced Power Restricted, a wholly-owned subsidiary of SJVN, by means of a aggressive bidding course of adopted by an e-reverse public sale organized by Gujarat Urja Vikas Nigam Restricted.
The undertaking, with an estimated value of $108 million, shall be developed by SGEL by means of an EPC contract and will be arrange wherever in India. In its first 12 months, it’s projected to generate 281 million items of electrical energy, with a 25-year complete of seven,025 million items. The undertaking will even assist cut back carbon emissions by 344,255 tons.
The addition of the 100 MW wind undertaking brings SJVN’s wind energy portfolio to 297.6 MW, together with two operational tasks with a mixed capability of 97.6 MW and two extra tasks beneath growth with 200 MW capacities. This achievement aligns with SJVN’s aim of reaching a 50,000 MW capability by 2040, as the corporate at the moment has 47,279 MW and 77 tasks at numerous levels of growth.
Nand Lal Sharma, SJVN’s Chairman and Managing Director, expressed enthusiasm for the profitable bid, emphasizing its significance in bolstering their inexperienced power portfolio and advancing towards their 50,000 MW goal by 2040.
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