SJVN Green Energy (SGEL) has commissioned a 100 MW Raghanesda solar power project in Banaskantha, Gujarat.

SGEL has bagged this 100 MW solar power project at a tariff of Rs 2.64 per unit through competitive tariff bidding conducted by Gujarat Urja Vikas Nigam (GUVNL). A power purchase agreement for the same has been signed with GUVNL for 25 years.

SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of the company, has commissioned 100 MW Raghanesda Solar Power Project in the Banaskantha district of Gujarat.

SGEL bagged the project at a tariff of Rs 2.64 a unit through competitive bidding conducted by Gujarat Urja Vikas Nigam Limited (GUVNL).

The power purchase agreement has been signed with GUVNL for 25 years, the company said.

The project cost is Rs 642 crore and will generate 252.3 MUs in the first year and the estimated cumulative energy generation over a period of 25 years shall be 5,805 MUs.