SJVN Limited announced that the Company as the lowest bidder for 200MW grid connected solar Project in the state of Bihar, BREDA has accepted the bid submitted by the Company and issued a letter of Intent for supply of 200 MW power at the fixed quoted tariff of INR 3.11 per kWh for sale of solar power as per terms & conditions laid down in the RFP, PPA, Corrigendum and BERC final order on long term basis for 25 years. These projects will assist SJVN in achieving its ambitious shared vision of 5,000 MW by 2023, 25,000 MW by 2030 and 50,000 MW by 2040 and simultaneously contribute towards RE capacity addition target of 500 GW by 2030 set by Government of India.
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