Govt owned SJVN secures 100 MW Solar Project in Gujarat
POWER & RENEWABLE ENERGY

Govt owned SJVN secures 100 MW Solar Project in Gujarat

SJVN, a government-owned power generation company in India, emerged victorious in a reverse auction conducted by GUVNL, securing a 100 MW solar project in the state of Gujarat. The winning bid, at a tariff of Rs 2.54 ($0.031) per kWh, paved the way for SJVN to undertake the project through its wholly-owned subsidiary, SJVN Green Energy (SGEL), operating on a build-own-operate basis. The estimated project cost is Rs 5.5 billion.

To be situated in the solar park developed by Gujarat Industrial Power Corp in Khavda, Gujarat, SGEL will oversee the project's execution through an engineering, procurement, and construction contract. The power generated will be purchased by GUVNL under a 25-year power purchase agreement.

SJVN anticipates the solar project to produce approximately 252 million units in its first year of operation, with a cumulative energy generation of about 5,866 million units over the 25-year period. Furthermore, the commissioning of this solar initiative is expected to result in a reduction of 287,463 tons of carbon emissions.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

SJVN, a government-owned power generation company in India, emerged victorious in a reverse auction conducted by GUVNL, securing a 100 MW solar project in the state of Gujarat. The winning bid, at a tariff of Rs 2.54 ($0.031) per kWh, paved the way for SJVN to undertake the project through its wholly-owned subsidiary, SJVN Green Energy (SGEL), operating on a build-own-operate basis. The estimated project cost is Rs 5.5 billion. To be situated in the solar park developed by Gujarat Industrial Power Corp in Khavda, Gujarat, SGEL will oversee the project's execution through an engineering, procurement, and construction contract. The power generated will be purchased by GUVNL under a 25-year power purchase agreement. SJVN anticipates the solar project to produce approximately 252 million units in its first year of operation, with a cumulative energy generation of about 5,866 million units over the 25-year period. Furthermore, the commissioning of this solar initiative is expected to result in a reduction of 287,463 tons of carbon emissions.

Next Story
Infrastructure Transport

PM Modi Opens Sonamarg Tunnel, Announces Infrastructure Boost for J&K

Prime Minister Narendra Modi inaugurated the Sonamarg tunnel in Jammu and Kashmir on Monday, marking the beginning of transformative infrastructure development in the Union Territory. The new initiatives aim to boost tourism and significantly reduce travel time between Srinagar and Leh. Union Road Transport Minister Nitin Gadkari announced timelines for over a dozen major projects, including highways, tunnels, and ropeways, collectively valued at approximately Rs 1 trillion. Speaking at Sonamarg, Modi highlighted J&K's emergence as a hub for tunnels, high-bridges, and ropeways, wi..

Next Story
Infrastructure Transport

Telangana CM Seeks Regional Ring Road and Rail Support for Hyderabad

Telangana Chief Minister A. Revanth Reddy has appealed to Prime Minister Narendra Modi to approve the Regional Ring Road (RRR) and the proposed 'regional ring rail' to facilitate Hyderabad's transformation into a global city. Speaking at the launch of UNIKA, the autobiography of former Maharashtra Governor Ch. Vidyasagar Rao, Reddy emphasised the need for federal cooperation to propel Telangana toward becoming a $1 trillion economy. Reddy highlighted Hyderabad’s contribution of 60% to Telangana’s income and sought Union support for key initiatives, including a dry port and the expedited c..

Next Story
Infrastructure Urban

India’s Infrastructure Push to Propel Economic Growth in FY26

The Indian government’s capital expenditure on large-scale infrastructure projects, including highways, railways, and power development, along with investments in critical sectors such as defence, is expected to drive economic growth in FY2025-26 and beyond. A report by financial services firm Prabhudas Lilladher (PL) highlights the positive impact of these initiatives, with significant momentum already evident in sectors like railways, defence, power, and data centres.The 2024-25 Union Budget allocated an impressive Rs 11.1 trillion for infrastructure, and this figure is expected to increas..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000