Govt owned SJVN secures 100 MW Solar Project in Gujarat

31 Jan 2024 CW Team

SJVN, a government-owned power generation company in India, emerged victorious in a reverse auction conducted by GUVNL, securing a 100 MW solar project in the state of Gujarat. The winning bid, at a tariff of Rs 2.54 ($0.031) per kWh, paved the way for SJVN to undertake the project through its wholly-owned subsidiary, SJVN Green Energy (SGEL), operating on a build-own-operate basis. The estimated project cost is Rs 5.5 billion.

To be situated in the solar park developed by Gujarat Industrial Power Corp in Khavda, Gujarat, SGEL will oversee the project's execution through an engineering, procurement, and construction contract. The power generated will be purchased by GUVNL under a 25-year power purchase agreement.

SJVN anticipates the solar project to produce approximately 252 million units in its first year of operation, with a cumulative energy generation of about 5,866 million units over the 25-year period. Furthermore, the commissioning of this solar initiative is expected to result in a reduction of 287,463 tons of carbon emissions.

Infrastructure Energy

19 Sep 2025

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..