Sh. Nand Lal Sharma, Chairman & Managing Director, SJVN informed that SJVN has
received the Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited for 100 MW Grid
Connected Wind Power Project in Gujarat. SJVN Green Energy Limited (a wholly owned
subsidiary of SJVN) has bagged the 100 MW Wind Project at a tariff of Rs. 3.17 per unit in an
Open Competitive Tariff bidding process in May 2023.
Sh. Nand Lal Sharma stated that the tentative cost for construction and development
of this project will be Rs 800 Crores. The project will be developed on Build Own and
Operate (BOO) basis in Gujarat through an EPC contract. The Power Purchase Agreement
(PPA) shall be signed between GUVNL and SJVN shortly.
Sh. Nand Lal Sharma further apprised that the project is expected to generate 281
million units in first year after commissioning and the projected cumulative energy generation
over a period of 25 years is 7025 million units. The commissioning of this project is expected
to reduce 344255 tons of carbon emission.
Presently, SJVN has an installed capacity of 2091.5 MW which includes 2 wind power
stations of 97.6 MW. In addition to this SJVN is developing two wind projects of 100 MW
each. Company is on rapid progression to achieve its Shared Vision of being 5000 MW by
2023-24, 25000 MW by 2030 & 50000 MW by 2040. This Shared Vision has been formulated
in sync with the commitment of the Government of India of generating 50% energy from non-
fossil fuel-based energy resources by 2030.
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2023-06-04