SJVN Solar PV Park is a 1,000MW solar PV power project. It is planned in India. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 1,000 | – | 1,000 | Permitting | India | SJVN |
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Description
The project is being developed and currently owned by SJVN.
SJVN Solar PV Park is a ground-mounted solar project.
The project is expected to generate 2,365GWh of electricity. The project cost is expected to be around $744.35m.
Development Status
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The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power Purchase Agreement
The power generated from the project will be sold to New Delhi Municipal Council under a power purchase agreement. The power will be sold at the rate of $0.033kWh for a period of 25 years. The capacity to be procured is 150MW.
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.
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.
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