Tata Power Solar Systems Ltd. has been awarded a Letter of Award (Letter of Award) by SJVN for the engineering, procurement, and construction of a 1,000 MW solar project in Bikaner, according to Nand Lal Sharma (the Chairman and Managing Director of SJVN). According to Sharma, this is the biggest solar EPC deal in India’s history.
To develop a 1,000 MW solar power plant in Bikaner, Rajasthan, state-run SJVN Ltd selected Tata Power Solar Systems Ltd. The overall cost of building and development of the project was Rs 5,491.89 crore.
First-year output will be 2,454.55 million units, and over the course of 25 years, it will total 56,838.32 million units. Over the course of 25 years, this project will cut greenhouse gas emissions by about 27,85,077 tonnes. By May 2024, the project will be operational.
The recent purchase of solar projects has enabled SJVN’s Shared goal of 5000 MW in 2023, 25000MW in 2030, and 50000MW in 2040. There is an EPC contract that includes the whole delivery of the commissioned SJVN solar power plant, including the arrangement of a site, the power evacuation system to ISTS Substation, and three years of solar PV plant operations/maintenance. India’s aim of 500GW non-fossil fuel energy capacity and a decrease in overall carbon emissions by one million tonnes by 2030 will be met with this project.
According to the CPSE Scheme (central government sector enterprise), SJVN was awarded the 1,000 MW solar power project after a competitive bidding procedure.
SJVN’s portfolio is continually being expanded to include more capacity. Currently, SJVN has over 31,000 MW of power plants. Hydro, thermal wind, solar, and solar are all used by the SJVN to produce electricity. As a result, it has also branched out into the transmission and trading of electricity.
Reference:-https://solarquarter.com/2022/05/05/sjvn-awards-1000-mw-solar-epc-contract-to-tata-power-solar/