The allotted project was bagged by SJVN at a quoted capacity of 100 MW at Rs2.80 /Unit on Build Own and Operate (BOO) basis, the company said.
The tentative cost of construction and development of this project is Rs450cr. The project is expected to generate 244 MU per year and Power Purchase Agreement (PPA) shall be signed between GUVNL and SJVN for 25 years. This 100 MW Solar Plant is expected to be commissioned by March 2022.
SJVN Ltd ended at Rs22.35, up by Rs0.1 or 0.45% from its previous closing of Rs22.25 on the BSE.