SJVN commissions 100 MW Raghanesda Solar Power Station in Gujarat
psuwatch.com
India
28-02-2024
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SJVN Limited on Tuesday said that it has commissioned its 100 MW Raghanesda Solar Power Station located in the district Banaskantha, Gujarat. With the addition of this project, SJVN's installed capacity now stands at 2377 MW. This is the second project commissioned by SJVN within the month.
SJVN Green Energy Limited, the renewable arm of SJVN Limited had secured the 100 MW Raghanesda Solar Power Station at a tariff of Rs 2.64 per unit through Competitive Tariff bidding conducted by Gujarat Urja Vikas Nigam Limited. The construction and development cost of the project is Rs 642 crores.
According to the company, this project will generate 252 million units in the first year and the estimated cumulative energy generation over a period of 25 years shall be 5805 million units. Under a long-term Power Purchase Agreement signed in January 2022, the power generated by the Raghanesda Solar Power Station will be procured by GUVNL for 25 years.