Bhuj: SJVN Ltd (a joint venture between the Government of India and the Government of Himachal Pradesh) on Wednesday announced that it had secured a 200 MW Grid Connected Solar Power Project in Khavda Solar Park from Gujarat Urja Vikas Nigam Ltd (GUVNL) worth Rs 1,200 crore.

Bagged at a tariff of Rs 2.88 per unit, the project will be set on a Build Own and Operate (BOO) basis. The tentative cost for development of this project shall be approximately Rs 1,200 crore, chairman and managing director (CMD) Nand Lal Sharma said in a statement.

It is anticipated that the project will produce 505 million units in the first year of operation and a total energy generation of 11,756 million units over the next 25 years. Additionally, the project’s commissioning is expected to reduce 5,76,067 tonnes of carbon emissions. DeshGujarat