SJVN Green Energy to Develop Solar Power Projects Collectively Worth 1,900 Cr. in Assam

August 30, 2023September 12, 2023Orders, Projects, Renewable Energy, SJVN, Solar Power

SJVN Green Energy Ltd. (SGEL) has received Letter of Awards (LoAs) from Assam Power Development Corporation Ltd. (APDCL) to develop three solar power projects of 320 MW cumulative capacity. These projects will be developed at a total estimated cost of Rs. 1,900 crore on Build Own and Operate (BOO) basis.

SGEL will develop a 50 MW Solar project in Dhekiajuli and a 70 MW Solar project in Dhubri. SGEL will also develop another 200 MW Solar project in the state. APDCL will procure power from Dhekiajuli and Dhubri at a tariff rate of Rs. 3.92 per unit and from SGEL’s 200 MW project at a tariff rate of Rs. 3.90 per unit. Power Purchase Agreements (PPAs) will be signed between APDCL and SGEL for a period of 25 years.

These projects will be completed in a period of 18 months from the date of signing the PPAs and are expected to be commissioned by March 2025.

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