SJVN Avaada Energy secured a LOA of 25-year PPA with SJVN Ltd. It’s expected to set up a total of 820 MWp of solar and wind capacity against the awarded hybrid renewable capacity by SJVN Limited.Noteworthy that the central Public Sector Enterprise–SJVN is slowly moving towards boosting the growth of solar, wind and hybrid technologies besides its main business of boosting hydroelectric power As per the details shared by the company recently, the central PSU claimed that it commissioned two major solar projects in 2023 i.e., Gujrai Solar Project of 50 MW and Raghanesda Solar Project of 100 MW in Quarter 4. These new projects brought SJVN’s installed capacity to around 2,377 MW. The power from this solar project was supposed to be sold to GUVNL thus, taking the latest power added from these projects to 150 MW. nifty50
SJVN SJVN through its wholly owned subsidiary SJVN Green Energy Limited (SGEL) signed a Memorandum of Understanding (MoU) with AM Green Ammonia (India) Private Limited in the august presence of Sh. Akhileshwar Singh, Director (Finance), SJVN at Delhi, today. SGEL will explore setting-up of 4,500 MW renewable energy projects in India including 2500 – 3000 MW of Solar Projects and 1500 – 2000 MW of Wind Projects over three phases which shall ensure a supply of about 11,500 million units on annual basis. SGEL is currently handling a RE Portfolio of about 7.2 GW under various stages of development i.e. Operation, Construction & Pre Construction. This MoU paves way towards SGEL’s first venture into Commercial & Industrial Segment.
SJVN Avaada Energy secured a LOA of 25-year PPA with SJVN Ltd. It’s expected to set up a total of 820 MWp of solar and wind capacity against the awarded hybrid renewable capacity by SJVN Limited.Noteworthy that the central Public Sector Enterprise–SJVN is slowly moving towards boosting the growth of solar, wind and hybrid technologies besides its main business of boosting hydroelectric power As per the details shared by the company recently, the central PSU claimed that it commissioned two major solar projects in 2023 i.e., Gujrai Solar Project of 50 MW and Raghanesda Solar Project of 100 MW in Quarter 4. These new projects brought SJVN’s installed capacity to around 2,377 MW. The power from this solar project was supposed to be sold to GUVNL thus, taking the latest power added from these projects to 150 MW. nifty50
