SJVN commissions 90 MW floating solar project
POWER & RENEWABLE ENERGY

SJVN commissions 90 MW floating solar project

SJVN Limited, a Mini Ratna Schedule ?A? CPSU under the Ministry of Power, has recently brought its 90 MW Omkareshwar Floating Solar Project into operation, raising its total installed capacity to 2,466.50 MW. The project, executed by SJVN Green Energy Limited (SGEL), a subsidiary of SJVN, is situated in Omkareshwar Floating Solar Park, Khandwa, Madhya Pradesh, which is recognised as the largest floating solar park in India. Developed at a cost of Rs 6.46 billion, the project is expected to produce 196.5 million units of energy in its first year, with a projected cumulative output of 4,629.3 million units over the next 25 years. This project is set to enhance SJVN?s revenue while also contributing to the reduction of carbon emissions, supporting the government?s goal of achieving net-zero carbon emissions by 2070. Additionally, it will aid in water conservation by minimising evaporation.

The project was awarded at a tariff of Rs 3.26 per unit through a competitive bidding process conducted by REWA Ultra Mega Solar Limited (RUMSL) on a Build, Own, and Operate basis. A Power Purchase Agreement has been established between SGEL, RUMSL, and MPPMCL for a duration of 25 years. Currently, SJVN?s project portfolio stands at 56,802.40 MW, with ongoing projects spanning Hydro, Pumped Storage, Thermal, and Renewable Energy sectors.

SJVN Limited, a Mini Ratna Schedule ?A? CPSU under the Ministry of Power, has recently brought its 90 MW Omkareshwar Floating Solar Project into operation, raising its total installed capacity to 2,466.50 MW. The project, executed by SJVN Green Energy Limited (SGEL), a subsidiary of SJVN, is situated in Omkareshwar Floating Solar Park, Khandwa, Madhya Pradesh, which is recognised as the largest floating solar park in India. Developed at a cost of Rs 6.46 billion, the project is expected to produce 196.5 million units of energy in its first year, with a projected cumulative output of 4,629.3 million units over the next 25 years. This project is set to enhance SJVN?s revenue while also contributing to the reduction of carbon emissions, supporting the government?s goal of achieving net-zero carbon emissions by 2070. Additionally, it will aid in water conservation by minimising evaporation. The project was awarded at a tariff of Rs 3.26 per unit through a competitive bidding process conducted by REWA Ultra Mega Solar Limited (RUMSL) on a Build, Own, and Operate basis. A Power Purchase Agreement has been established between SGEL, RUMSL, and MPPMCL for a duration of 25 years. Currently, SJVN?s project portfolio stands at 56,802.40 MW, with ongoing projects spanning Hydro, Pumped Storage, Thermal, and Renewable Energy sectors.

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

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