Page 9 - CV Feb-March 2023 issue_Neat

SJVN TO SET UP 90 MW FLOATING

SOLAR PROJECT AT RS 650 CRORE

State-owned SJVN will set up a 90 MW floating solar project in as saying in a company statement.
Omkareshwar, Madhya Pradesh at an investment of Rs 650 Energy generation of 196 million units in the first year and
crore. The project is scheduled to be commissioned by cumulative energy generation of about 4,570 million units over a
December 2023. period of 25 years is expected from the project, the statement
said.
Chairman and Managing Director Nand Lal Sharma performed On commissioning, carbon emission reduction to the tune of
bhumi pujan at the project site for the commencement of 2,23,923 tonnes is expected, which will be a significant
engineering, procurement and construction (EPC) work of the contribution in the government of India's mission of net zero
project at Omkareshwar Reservoir. carbon emission by 2070, SJVN said.

The project was bagged at a tariff of Rs 3.26 per unit on build The project is being developed by SJVN's wholly owned
own and operate model in a bidding process conducted by subsidiary, SJVN Green Energy Limited (SGEL).
REWA Ultra Mega Solar Limited (RUMSL)," Sharma was quoted

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