SJVN update on 1000 MW solar power project in Bikaner Rajasthan

7 May 2022 , 01:31 AM

SJVN has been issued letter of award by India Renewable Energy Development Agency for development of grid connected solar PV power project of 1000 MW capacity under CPSU scheme Further the company issued the letter of award for EPC contract to Tata Power Solar Systems on 04 May 2022 for the development of 1000 MW AC of ground mounted solar project in Bikaner Rajasthan The scope includes end to end delivery of the commissioned solar plant to SJVN including arrangement of land on outright purchase basis power evacuation system up to the ISTS sub station and operation and maintenance of the solar PV plant for 3 years The composite cost for construction development of cumulative 1000 MW AC projects is Rs 549189 crore and the project is expected to generate 245455 MUs in the 1st year and on cumulative basis approximately 5683832 MUs would be generated over a period of 25 years The project is slated to be completed in 24 months from the issuance of EPC Contract ie by May 2024 The LOA awarded to Tata Power Solar Systems is the Indias largest Solar EPC Project of 1 GW for a value Rs 549189 crore The commissioning of this project is expected to reduce 2785077680 kg of carbon emissions in 25 years This project will assist SJVN in achieving its ambitious shared vision of 5000 MW by 2023 25000 MW by 2030 and 50000 MW by 2040 and simultaneously contribute towards RE capacity addition target of 500 GW by 2030 set by Government of India