SJVN plans to purchase of 1,500 acres of land for the development of solar capacity in Rajasthan

SJVN Limitedfloated a tender to purchase 1,500 acres of land to set up solar power projects in Rajasthan. The land must have a chain link facility on its periphery and but be at least 20 km from the state’s transmission utility sub-station. The land offered must be a single connected patch and have a minimum width of 500 meters at any place within the patch. The proposed patch must also have an average annual global horizontal irradiation of at least 1800 kWh per square metre. To participate, bidders must have completed at least one project over at least 500 acres of land in Rajasthan in a single contract in the last five years. The bidder can quote an area greater than the specified 1,500 acres. SJVN has the right to purchase less than 1,500 acres of the total land that is proposed. Prospective bidders must submit an earnest money deposit of Rs 1.18 million. The deadline for the submission of bids is November 23, 2020.

SJVN Limited is a joint venture (JV) between the central government and the government of Himachal Pradesh. In August 2020, the JV invited expressions of interest for the shortlisting of land for the development of 500 MW of solar power projects in Rajasthan for which it required 3,000 acres of land. The company had also wona contract for developing a 100MW solar project at the Dholera solar park near Ahmedabad in an auction conducted by GUVNL for a tariff bid of Rs 2.8 per kWh. Currently, the company has two projects aggregating to 200MW of solar power under execution which are set to be commissioned by March 2022. SJVN has a total installed capacity of 2,015.2 MW of which 1,912 MW representshydropower plants and 103.2MW of renewable capacity. The company aims to increase its portfolio to 5,000 MW by 2023, 12,000 MW by 2030, and 25,000 MW by 2040.

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