SJVN emerges lowest bidder for developing 200 MW Solar PV Power Project

SJVN has emerged as the lowest bidder for the development of Grid connected Solar PV Power Project of capacity 200 MW through Tariff based competitive Bidding Process by Bihar Renewable Energy Development Agency (BREDA).

The quoted price for 200 MW capacity was INR 3.11 /Unit on Build Own and Operate (BOO) basis. The tentative cost of Construction / Development of this project is INR 1000 Crores and is expected to generate 420.48 MU in the 1st year and the project cumulative energy generation over a period of 25 years would be about 10512 MU. The PPA shall be signed between BREDA and SJVN for 25 years.

Shares of SJVN LIMITED was last trading in BSE at Rs. 26.95 as compared to the previous close of Rs. 27.15. The total number of shares traded during the day was 139012 in over 1122 trades.

The stock hit an intraday high of Rs. 27.3 and intraday low of 26.8. The net turnover during the day was Rs. 3753320.

Source : Equity Bulls

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