SJVN Green Energy, SJVN’s subsidiary, has awarded the contract to Bharat Vikas Group India (BVG India) to implement the balance of system (Bos) package for a 100 MW solar project in Punjab. The contract is worth Rs 1.33 billion and covers the solar project’s operation and maintenance for three years. The BoS project includes all of a photovoltaic system’s components, including the panels, wiring, switches, mounting system, one or more solar inverters, a battery bank, and a battery charger.
Reportedly, SJVN Green Energy won the solar project through tariff-based competitive bidding on a build, own, and operate basis through e-reverse auction at a tariff of Rs 2.65 per unit. In April 2023, Hartek Solar, the Hartek Group’s renewable and solar engineering, procurement and construction (EPC) business unit won a contract from SJVN Green Energy Limited to build a 22 MW DC (15 MW AC) floating solar PV power project at Nangal Pond in Himachal Pradesh’s Bilaspur district. When completed, this project would be the largest floating solar power plant in North India.