SJVN bags 200 MW solar power project worth Rs 1,000 crore in Bihar

State-run SJVN NSE -0.74 % Ltd on Saturday announced that it has bagged 200 MW grid connected solar PV power project worth Rs 1,000 crore in Bihar. SJVN chairman and managing director Nand Lal Sharma said in a statement that SJVN Ltd bagged the project through Open Competitive Tariff Bidding Process for quoted capacity of 200 MW Rs 3.11/unit on Build Own and Operate (BOO) basis during e-reverse auction held on August 13, 2021.

SJVN participated in tariff-based competitive bidding process for solar project of capacity 200 MW floated by Bihar Renewable Energy Development Agency (BREDA) wherein three other bidders also participated.

He further informed that the tentative cost of construction and development of this project is Rs 1,000 crore.

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