SJVN Damodar Valley Corporation Floating Solar PV Park is a 2,000MW solar PV power project. It is planned in India. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 2,000 | – | 2,000 | Announced | India | Damodar Valley; SJVN |
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Description
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The project is being developed by Damodar Valley and SJVN. These companies also have ownership stakes in the project.
SJVN Damodar Valley Corporation Floating Solar PV Park is a floating solar project.
The project cost is expected to be around $1,352m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.
About Damodar Valley
Damodar Valley Corp (DVC) is a government owned multi-purpose river valley project. It generates, transmits, and supplies electricity; mines for and produces coal; manages water and conserves soil; and provides consultancy services. The company produces energy using thermal and hydro sources; and transmits that to commercial, industrial, and export and power exchange customers. DVC administers Konar, Barakar and Damodar rivers, and Tilaiya, Konar, Maithon and Panchet dams in Jharkhand. It serves commercial, industrial, and export and power exchange customers in Damodar Valley and other regions. The company has interests in Bermo open cast mine in Jharkhand. DVC is headquartered in Kolkata, West Bengal, India .
About SJVN
SJVN Limited (SJVN) generates and sells the hydroelectric power. It also carries out the designing, planning, developing, examining, executing, operating and maintaining of hydroelectric power projects. SJVN also offers various construction and consultancy services for hydropower and road or railway tunnels. It also generates hydro, solar, wind and thermal power. The company operates hydroelectric power projects in Himachal Pradesh, Uttarakhand, Arunachal Pradesh, Nepal and Bhutan. SJVN is headquartered in Shimla, Himachal Pradesh, India.
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Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
