State-run SJVN has begun commercial supply of electricity from its 50 MW Gujrai solar power station in Kanpur Dehat, Uttar Pradesh. The project cost is Rs 281 crore, with expected annual revenue of Rs 32 crore. Geeta Kapur, Chairperson & Managing Director, stated that SJVN is committed to increasing non-fossil-fuel-based energy generation.
One PPA relates to a 1,000 MW solar project to be developed anywhere in India and the other is for a 200 MW solar project to be developed in Punjab. Both projects will be developed within 18 months and will involve an investment of approximately INR70bn ($950m). The projects are expected to generate 2,997 million units in the first year and nearly 70,000 million units over 25 years.
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