SJVN inks pacts to build 2 solar projects in UP
Shimla: SJVN, today entered into an EPC (Engineering Procurement & Construction) Contract for two projects the 75 MW Solar Project at Gurah District Jalaun and 50 MW Solar Project at Gujrai District Kanpur Dehat with Solarworld Energy Solutions
Nand Lal Sharma, Chairman & Managing Director, SJVN said Rs 690 crore EPC contracts includes end to end delivery of the commissioned Solar Plant to SJVN including comprehensive Operation and Maintenance of these Solar PV Plants for two years. The contract value for 75 MW Solar Project is Rs 410 Crore, while for 50 MW Solar Project is Rs. 280 Crore.Both the projects are scheduled to be commissioned in April 2023.
Sharma said SJVN had secured these Projects through tariff based ‘Competitive Bidding Process’ conducted by Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA).
SJVN quoted a tariff of Rs 2.98 per unit for both Solar Projects and power generated from these projects will be procured by UPPCL for 25 years. The Gurah Project will generate 159 MU energy annually with Capacity Utilization Factor (CUF) of 24.22 per cent while the Gujrai project will generate 106 MU energy annually with CUF of 24.20 per cent.