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SJVN inks MoU with Rajasthan government for 7 GW renewable energy projects

India, News

SJVN has signed a Memorandum of Understanding (MoU) with the Energy Department of Rajasthan to advance renewable energy development in the state. As part of the MoU, SJVN will develop 5 GW of pumped storage projects and 2 GW of floating solar projects in Rajasthan. The agreement was formalized in the presence of Rajasthan’s Chief Minister, Bhajan Lal Sharma, and signed by Akhileshwar Singh, Director (Finance) SJVN, and Om Kasera, Managing Director of RRECL. SJVN…

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SJVN Green invites bids for up to 100 MW wind projects in Gujarat

India, News

SJVN Green Energy has opened bids for developing up to 100 MW of wind power projects in Gujarat, connected to GETCO, with a 10-year operations and maintenance (O&M) contract. The deadline for bid submission is November 20, 2024.  The project scope includes land acquisition, design, procurement, construction, and power evacuation up to the grid substation.  In October 2024, SJVN Green Energy also issued tenders for 200 MW of solar PV projects under GUVNL Phase XXII…

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SJVN reports net profit of Rs 4,399 million in the Q2 of 2024-25

India, News

SJVN Limited has announced its financial results for the quarter ending September 2024 (Q2 FY25), reporting a consolidated net profit of Rs 4,399 million, a slight increase from Rs 4,396.4 million in the same period last year.  The company’s total income rose by approximately 16.48% to Rs 11,084.3 million, up from Rs 9,516.2 million in the corresponding quarter of the previous year.

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Gentari, Juniper Green, and others secure SJVN’s 1.2 GW hybrid power auction

India, News

Gentari Renewables India Utilities 2, Juniper Green Energy, EG Energy Development (Enfinity Global), Sunsure Solarpark RJ One, and Adyant Enersol (Datta Infra) emerged as winners in SJVN’s Phase III auction for 1,200 MW of ISTS-connected wind-solar hybrid power projects in India.  Gentari, Juniper, EG Energy, and Adyant secured 400 MW, 300 MW, 300 MW, and 70 MW, respectively, at Rs 3.19 per kWh. Sunsure won 130 MW of its quoted 150 MW using the bucket-filling…

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SJVN invites bids for 700 MW solar projects in Gujarat

India, News

SJVN Green Energy has issued a tender for the design, engineering, supply, erection, testing, and commissioning of solar projects with a cumulative capacity of 700 MW (100 MWx7 plots) at the Khavda Renewable Energy Park in Gujarat. The bid submission deadline is set for November 19, 2024, with bids to open the same day. The projects are divided into two phases: Phase 1: 500 MW under Gujarat Urja Vikas Nigam (GUVNL) Phase-XXI, comprising five plots…

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Hero Future Energies wins 120 MW in SJVN’s FDRE-2 tender

India, News

Hero Future Energies Limited (HFE) has secured 120 MW of capacity in the SJVN Limited firm and dispatchable renewable energy (FDRE)-2 tender, with a tariff of Rs 4.25 per kWh.  This is HFE’s seventh FDRE bid win in the last 18 months, reinforcing the company’s commitment to advancing India’s energy transition by providing affordable and reliable green power.

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Hero, Zelestra, Juniper, ReNew, Avaada declared winners of SJVN’s 1.2 GW FDRE II Auction

India, News

Hero Solar Energy, Ganeko Solar (Zelestra), Juniper Green Energy, ReNew, and Avaada have emerged as winners in SJVN’s auction for supplying 1,200 MW of firm and dispatchable power. The power will come from inter-state transmission system (ISTS)-connected renewable energy projects with energy storage systems, under the FDRE II competitive bidding. Juniper, ReNew, Zelestra, and Hero secured 200 MW, 150 MW, 140 MW, and 120 MW, respectively, at Rs 4.25 per kWh. Avaada was awarded 590…

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SJVN Green issues tender for 200 MW solar projects in Gujarat

India, News

SJVN Green Energy (SGEL), a subsidiary of SJVN, has invited bids for the engineering, procurement, and construction (EPC) of up to 200 MW of solar photovoltaic projects under GUVNL Phase XXII in Gujarat. The deadline for bid submission is November 5, 2024.  The contract includes a three-year operation and maintenance (O&M) period. In recent months, SJVN has also issued tenders for a 5.8 MW grid-connected rooftop solar project and signed an MoU for a 900…

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SJVN launches tender for 6 GW renewable energy with storage

India, News

SJVN Ltd has announced a 6 GW tender for renewable energy projects with storage, aimed at ensuring electricity supply during peak hours. The tender seeks power supply through an inter-state transmission system, allowing distribution across India. As part of its decarbonisation goals, India plans to connect 35 GW of solar and wind capacity to its grid by March 2025, contributing to its target of 500 GW of non-fossil power capacity. Renewable energy generation has been…

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SJVN to develop 8.1 GW pumped storage, 505 MW floating solar projects in Maharashtra

India, News

State-run SJVN Ltd has signed two MoUs with the Maharashtra Government to develop 8.1 GW of pumped storage projects and 505 MW floating solar projects.  The first MoU, with the Department of Water Resources, covers five pumped storage projects totalling 8.1 GW, including Kolmondapada (800 MW), Sidgarh (1,500 MW), Chornai (2,000 MW), Baitarni (1,800 MW), and Jalvara (2,000 MW).  The second MoU, with MAHAGENCO, focuses on a 505 MW floating solar project at Lower Wardha…