SJVN has bagged 200 MW Solar Power Project on Build Own and Operate (BOO) basis from Maharashtra State Electricity Distribution Company Limited (MSEDCL) through e-RA.
The project’s estimated cost is around Rs 1,200 crore, and it is anticipated to produce 455.52 million units (MUs) of energy in its first year. Over the course of 25 years, this project will produce an estimated 10,480.82 MUs of energy. The project’s commissioning is anticipated to result in a reduction in carbon emissions of 5,13,560 tonnes, which will help the Government of India achieve its goal of reducing carbon emissions.
The company has aligned its shared vision of 5,000 MW by 2023, 25,000 MW by 2030, and 50,000 MW capacity by 2040 with that of the Government of India, which has set a target of obtaining 50% of its energy from non-fossil fuel sources by 2030. SJVN intends to play an important part in the country’s transition to clean energy as a reliable and strategic partner.