SJVN bags 70 MW Grid Connected Solar Project in the State of Gujarat

SJVN Limited has been awarded 70 MW grid connected Solar Power Project in the state of Gujarat.

In terms of the LOA dated 26.03.202 1 issued by Gujarat Urja Vikas Nigam Limited (GUVNL), SJVN will develop 70 MW Solar Power Project including arrangement of land with long term connectivity with Grid. Tariff of the electricity supplied will be Rs. 2.21 / KWh and power generated from this project will be procured by GUVNL for 25 years.

These projects will support SJVN in achieving its ambitious shared vision of electricity generation of 5000 MW by 2023, 12000 MW by 2030 and 25000 MW by 2040 and simultaneously contribute towards RE capacity addition target of 1 75 GW by 2022 set by Government of India.

Shares of SJVN Ltd was last trading in BSE at Rs.26.65 as compared to the previous close of Rs. 25.15. The total number of shares traded during the day was 179326 in over 593 trades.

The stock hit an intraday high of Rs. 27.4 and intraday low of 25.2. The net turnover during the day was Rs. 4718891.

Source : Equity Bulls

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