SJVN signs agreement for 200-MW wind project with SECI

In the Open Competitive Tariff bidding procedure, SGEL won 200 MW at a tariff of Rs 3.24 per unit on a Build Own and Operate (BOO) basis.

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26 Aug, 2025 12:21

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SJVN Limited, a government-owned hydroelectric power generation and transmission company, said on November 16 it has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI) for a 200-MW grid connected wind power project, at an estimated cost of Rs 1,400 crore.

The project is expected to generate 482 million units in the first year following commissioning, including a total projected energy generation of 12,050 million units during a 25-year period, SJVN said in a press release. The project will be completed by November 2025, that is, within 24 months of the effective date of the PPA signing.

SJVN Green Energy Limited (SGEL), the company's wholly-owned subsidiary, had participated in SECI's tariff-based competitive bidding procedure for the selection of wind power developers for setting up 1,200 MW grid-connected wind power projects anywhere in India. In the Open Competitive Tariff bidding procedure, SGEL won 200 MW at a tariff of Rs 3.24 per unit on a Build Own and Operate (BOO) basis.

SGEL will create the 200-MW wind project somewhere in India under an EPC contract. With the addition of this project, the Company's wind portfolio now totals 497.6 MW.

ALSO READ: SJVN gains on letter of intent for 200 MW solar power purchase from UPCL

SGEL also signed a Memorandum of Understanding (MoU) with M/s Ocean Sun, Norway in October for collaboration in the field of new technologies in the Green & Clean Energy Sector.

In addition, SGEL got a Letter of Award (LOA) from Rajasthan Urja Vikas Nigam (RUVNL) for the building of a 100 MW solar power project at a tariff of Rs 2.62 per unit. The solar project will be constructed, owned, and operated (BOO).