SJVN has urged the Uttar Pradesh government to allot the company more renewable power projects, after bagging 75 MW solar power project in Parasan Solar Park located at Jalaun.
SJVN has awarded the engineering, procurement and construction (EPC) of the project to Solarworld Energy Solutions.
The development of the project will involve an investment of around Rs 392 crore. The project is scheduled to be commissioned by July 2022.
Recently, SJVN bagged the project through competitive bidding held by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) at a tariff of Rs 2.68 per unit for 25 years.
The project will generate 168 MU energy annually and 4,205 MU electricity in 25 years with a capacity utilisation factor (CUF) of 25.06 percent.
The power purchase agreement has already been signed between Uttar Pradesh Power Corporation and SJVN for 25 years.