Bihar Renewable Energy Development Agency (BREDA) has accepted the bid submitted by SJVN and issued a letter of intent (LoI) for the supply of 200 MW power at the fixed quoted tariff of Rs 3.11 per Kilowatt-hour (kWh) for the sale of solar power.

These projects will assist SJVN in achieving its ambitious shared vision of 5000 MW by 2023, 25000 MW by 2030, and 50000 MW by 2040 and simultaneously contribute towards RE capacity addition target of 500 GW by 2030 set by the Government of India.

SJVN, a Mini Ratna, Category-I and Schedule ‘A’ CPSE under the administrative control of Ministry of Power, Government of India. The company has a portfolio of more than 16,000 MW, out of which 2016.5 MW is under operation and the rest is under various stages of development.

Source: Business Standard