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SJVN Commissions 50 MW Gujrai Solar Power Station in Uttar Pradesh

SJVN Commissions 50 MW Gujrai Solar Power Station in Uttar Pradesh

SJVN Commissions 50 MW Gujrai Solar Power Station in Uttar Pradesh SJVN Limited, a leading Mini Ratna, Category-I, and Schedule ‘A’ Central public sector enterprise, has achieved a significant milestone with the successful commercial operation of its 50 MW Gujrai Solar Power Station in Kanpur Dehat, Uttar Pradesh. Here’s all you need to know about this groundbreaking development

SJVN Commissions 50 MW Gujrai Solar Power Station in Uttar Pradesh

Background Information

  • SJVN Limited operates under the administrative control of the Ministry of Power, Government of India.
  • The 50 MW Gujrai Solar Power Station marks SJVN’s continued commitment to expanding the country’s non-fossil-fuel-based energy generation.

Key Details

Commercial Operation

  • The power station commenced its commercial operation on February 23, 2024.

Total Installed Capacity:

  • With the addition of the Gujrai Solar Power Station, SJVN’s total installed power capacity now stands at an impressive 2,277 MW.

Project Execution

  • The solar power station was executed by SJVN through its renewable arm, SJVN Green Energy Limited (SGEL), for Rs. 281 crores.

Expected Revenue

  • The annual revenue from energy generated by the Gujrai Solar Power Station is estimated to be around Rs. 32 crores.

Energy Generation

  • In its first year of operation, the project is projected to generate 107 million units of energy.
  • Over 25 years, SJVN estimates that the cumulative energy generation will reach 2,477 million units.

Insights from Leadership

  • Statement from the Chairperson & Managing Director: Smt. Geeta Kapur reiterated SJVN’s commitment to bolstering non-fossil-fuel-based energy generation in India and contributing towards the target of achieving Net Zero by 2070.
  • Strategic Vision: SJVN aims to achieve an installed capacity of 25 GW by 2030 and 50 GW by 2040, aligning with its long-term sustainability goals.

Project Procurement

  • Tariff-based Competitive Bidding Process: SGEL secured the grid-connected solar project through a Tariff-based Competitive Bidding Process conducted by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA).
  • Power Purchase Agreement: SJVN has signed a Power Purchase Agreement with Uttar Pradesh Power Corporation Limited (UPPCL) for 25 years.

Future Outlook

  • SJVN’s commissioning of the Gujrai Solar Power Station is a testament to its commitment to sustainable energy development.
  • The company remains steadfast in its mission to contribute significantly to India’s renewable energy capacity, with ambitious targets set for the coming years.

CONCLUSION

With this latest accomplishment, SJVN reinforces its position as a key player in India’s renewable energy landscape and takes a significant step towards realizing its vision of a sustainable and energy-efficient future.

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