SJVN Limited bags 125 MW Grid connected Solar Power Projects in UP Solar Park, Uttar Pradesh

SJVN Limited ("SJVN") has been issued Letter of Intent by UPNEDA for 75 MW grid connected Solar Power Project at Gurhah, in Jalaun District and 50 MW grid connected Solar Power Project at jrai, in Kanpur Dehat District in the state of Uttar Pradesh through Tariff Based Competitive Bidding.

SJVN will develop Solar Power Projects at the locations identified by UPNEDA near village Gurhah, Tehsil - Orai, Jalaun district and other Project near village Gujrai, Kanpur Dehat district in Uttar Pradesh. SJVN has quoted tariff of Z2.98 / KWh for both these projects and power generated from these projects will be procured by UPNEDA for 25 years.

These projects will assist SJVN in achieving its ambitious shared vision of 5000 MW by 2023, 12000 MW by 2030 and 25000 MW by 2040 and simultaneously contribute towards RE capacity addition target of 175 GW by 2022 set by Government of India.

Shares of SJVN Limited was last trading in BSE at Rs. 30.20 as compared to the previous close of Rs. 30.45. The total number of shares traded during the day was 810208 in over 3309 trades.

The stock hit an intraday high of Rs. 31.10 and intraday low of 30.05. The net turnover during the day was Rs. 24797596.00.

Source : Equity Bulls

Keywords

SJVN INE002L01015 SolarPowerProject