SJVN Ltd emerges lowest bidder for 200MW solar project in Bihar

SJVN Ltd has emerged as the lowest bidder for 200MW grid connected solar Project in the state of Bihar. BREDA has accepted the bid submitted by the Company and issued a letter of Intent for supply of 200 MW power at the fixed quoted tariff of Rs. 3.11/- per kWh for sale of solar power as per terms & conditions laid down in the RFP, PPA, Corrigendum and BERC final order on long term basis for 25 years.

These projects will assist SJVN in achieving its ambitious shared vision of 5000 MW by 2023, 25000 MW by 2030 and 50000 MW by 2040 and simultaneously contribute towards RE capacity addition target of 500 GW by 2030 set by Government of India.

Shares of SJVN Limited was last trading in BSE at Rs. 30.10 as compared to the previous close of Rs. 29.90. The total number of shares traded during the day was 288862 in over 1642 trades.

The stock hit an intraday high of Rs. 30.55 and intraday low of 30.00. The net turnover during the day was Rs. 8735067.00.

Source : Equity Bulls

Keywords

SJVN INE002L01015 LowestBidder 200MW SolarProject Bihar