SJVN Inks Power Purchase Agreement for 200 MW Wind Project with SECI

In a strategic move towards bolstering its presence in the renewable energy sector, SJVN Ltd has formally entered into a Power Purchase Agreement (PPA) for a 200 MW Grid Connected Wind Power Project with the Solar Energy Corporation of India Limited (SECI).

The successful bid was secured by SJVN Green Energy Limited (SGEL), a wholly-owned subsidiary of SJVN Ltd, in SECI's Tariff-based competitive Bidding process for selecting Wind Power Developers. SGEL clinched the 200 MW project at a tariff of ₹3.24 per unit on a Build Own and Operate (BOO) basis through an Open Competitive Tariff bidding process.

The forthcoming 200 MW Wind Project, to be executed by SGEL through an Engineering, Procurement, and Construction (EPC) contract, will be situated anywhere in India. This development brings SJVN Ltd's total wind portfolio to an impressive 497.6 MW.

The estimated cost for the project's development is ₹1,400 Crores. Anticipated to commence operation by November 2025, within 24 months from the effective date of PPA signing, the project is projected to generate 482 million units in its first year post-commissioning. Over a 25-year period, the cumulative energy generation is forecasted to reach 12,050 million units.

This significant addition to SJVN Ltd's capacity aligns with the company's commitment to the Government of India's target of achieving 50 percent installed capacity from non-fossil fuel sources by 2030. It also contributes to SJVN Ltd's corporate objectives, including its Mission of 12,000 MW by 2026 and the shared vision of achieving 50,000 MW installed capacity by 2040. The move reflects the company's dedication to sustainable energy development and its pivotal role in shaping India's clean energy future.

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