SJVN to set up floating solar plant in Assam, in joint venture with APDCL
- October 17, 2022
SJVN Green Energy Ltd, a wholly-owned subsidiary of SJVN Ltd, has signed an MoU with Assam Power Distribution Company Ltd (APDCL) to incorporate a joint venture company that will set up a 1,000-mw floating solar power plant in Assam.
The upcoming project, with an estimated outlay of Rs.6,000 crore, is expected to generate 2,192 million kwh of electricity annually. During the construction and operations phase, an estimated 4,000 persons will get direct and indirect employment.
Assam potential
Assam has floating solar power generation potential of around 3,000 mw, it is estimated. Out of this, SJVN would develop 1,000 mw spread over 4500 ha of water area. This will save approximately 2,500 ha of land as floating solar power projects does not require any land levelling, removal of vegetation or any displacement.
Also read: SJVN Awards Rs.612-Crore Solar EPC Contract To Tata Power Solar
SJVN portfolio
The present total portfolio of SJVN is around 42,000 mw and out of this around 97 per cent is based on non-fossil fuel sources with presence pan India and in neighbouring countries of Nepal & Bhutan. The company has aligned its Shared Vision of 5 GW by 2023, 25 GW by 2030 and 50 GW capacity by 2040.