Indian hydropower producer SJVN Limited, a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP), has issued an Expression of Interest to select potential partners for the development of several PV projects across India.
The projects, SJVN said, are expected to have a combined capacity of 500 MW. This represents half of the capacity the company intends to install in India by the end of fiscal year 2019-20.
The future joint venture, of which SJVN will hold a minimum equity share of 26%, will compete in tenders issued by Indian state-owned entities and utilities, the company stressed.
Interested developers must submit their bids by Jun. 14, 2017. Applicants as solar project developers must have commissioned at least cumulative 50 MW of grid-connected solar power projects in India or abroad, while PV manufacturers must have a production capacity exceeding 100 MW.
SJVN has not specified if the 500 MW is part of the 4 GW Ultra Mega Solar Power Project it proposed to build in joint venture with other Indian state-owned companies in Sambhar, in the state of Rajasthan. The first 1 GW phase of the project has an estimated total cost of Rs 7500 crore, ($1.1 billion), with Rs 2,000 Crores being funded by VGF (Viability Gap Funding).
The joint venture proposing the 4 GW project is formed by BHEL, SECI, SJVN, Power Grid, and SSL & REIL.
SJVN has currently a power generation capacity of 1.95 GW, of which 1.91 GW is represented by two hydropower plants with a combined capacity of 1.5 GW and 412 MW, respectively, and a 47.6 MW wind power plant.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
1 comment
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.