SJVN wins 200-MW solar construction job in India's Maharashtra

Mar 20, 2023 11:54 AM ET
  • The green energy arm of Indian state-owned power generator Satluj Jal Vidyut Nigam (SJVN) has actually won an order to set up a 200-MW solar park in the state of Maharashtra for local power utility Maharashtra State Electrical energy Distribution Company Ltd (MSEDCL).
SJVN wins 200-MW solar construction job in India's Maharashtra
Image: Yinson Holdings Berhad.

The signing of a letter of award was revealed by SJVN in a bourse filing on Saturday. The value of the deal was not revealed.

Under the contract, SJVN Green Energy Ltd will certainly develop the photovoltaic (PV) park at an unspecified location in the Indian state, with building functions expected to take roughly 18 months. The project will be understood at a total cost of some INR 10 billion (USD 121,200/ EUR 113,300).

When up and running, the solar farm will be capable of creating 455.5 million kWh of electrical energy in the first year.

SJVN is pursuing a goal of having 25 GW of installed renewable energy capacity by the end of the decade as well as 50 GW by 2040. At end-2022, it had greater than 4.3 GW in its fleet.


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