State-owned SJVN Green Energy bags 200 MW solar project in Maharashtra

State-owned SJVN on Saturday said its green energy subsidiary has bagged a 200MW solar project entailing an investment of Rs 1,000 crore in Maharashtra.

“Wholly-owned subsidiary of the company…SJVN Green Energy Ltd (SGEL) received a Letter of Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 200 MW solar power project to be developed anywhere in Maharashtra,” a BSE filing stated.

The project shall be constructed in a period of 18 months which shall be reckoned from the date of signing of PPA (power purchase agreement) with MSEDCL.

Tentative cost of construction / development of this project shall be around Rs 1,000 crore, it stated.