SJVN bags 100 MW Solar Project in Dholera Solar Park

SJVN Limited has participated in Open Bidding process for allotment of 100 MW in Dholera Solar Park, Gujarat and bagged the quoted capacity of 100 MW @ INR 2.80 /Unit on Build Own and Operate (BOO) basis.

The tentative cost of Construction / Development of this project is Rs. 450 Crores. The project is expected to generate 244 MU / year and Power Purchase Agreement (PPA) shall be signed between GUVNL and SJVN for 25 years. This 100 MW Solar Plant is expected to be commissioned by March 2022.

Shares of SJVN Ltd was last trading in BSE at Rs.22.35 as compared to the previous close of Rs. 22.25. The total number of shares traded during the day was 160868 in over 615 trades.

The stock hit an intraday high of Rs. 22.9 and intraday low of 22.15. The net turnover during the day was Rs. 3617625.

Source : Equity Bulls

Keywords