SJVN said that it has received a contract for Rs 195 crore for the construction of its first wind-solar hybrid project, with a capacity of 30 MW. “Through a tender issued by Solar Energy Corporation of India Ltd (SECI), the company has secured its first ever 30 MW wind-solar hybrid project,” SJVN stated in a BSE filing.
The project was selected through a tariff-based competitive bidding procedure to provide power at a rate of Rs 2.54 per unit on a build, own, and operate basis, according to the business, with a projected cost of Rs 195 crore for construction and development.
The project is expected to generate 79 MUs (Million Units) in the first year, and on cumulative basis, approximately 1,860 MUs would be generated over a period of 25 years.
