SJVN partners with NDMC for 150 MW of solar energy
SJVN announced that NDMC (New Delhi Municipal Corporation) has passed its approval in principle to SJVN to procure 150 MW of solar power from SJVN @ Rs. 2.44 / kWh for 25 years under CPSU regime.
The Indian Renewable Energy Development Agency (IREDA) has launched a tender for the establishment of 5,000 MW of grid-connected solar energy projects in India (Tranche III) under the Central Public Sector program Undertaking (CPSU) (Phase II) of network connected projects for self-use or use by government entities.
It has a maximum allowable limit for Viability Gap Funding (VGF) of 55 lakh / MW for projects. SJVN plans to participate in this next 1,000 MW bidding opportunity and has partnered with NDMC to supply electricity to its solar projects.
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