SJVN bags 83 MW floating solar project in Madhya Pradesh

State-run SJVN Ltd on Thursday said it has bagged a contract to build, own and operate a 83 MW floating solar project worth Rs 585 crore in Madhya Pradesh. The project has been secured at a tariff of Rs 3.70 per unit on build, own and operate basis in an e-reverse auction (e-RA) organised by REWA Ultra Mega Solar Ltd. (RUMSL), the company said in a statement.

SJVN Chairman and Managing Director Nand Lal Sharma said the company will develop this project in India’s largest floating solar park at Omkareshwar in district Khandwa, Madhya Pradesh.

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