SJVN Commissions Tata Power for India’s Largest EPC Order
Tata Power's new EPC order worth ₹5,500 crore aims to reduce thousands of tonnes of carbon emission and would generate around 2500 million units every year
State-owned renewable energy developer SJVN has recently commissioned Tata Power Solar Systems Limited to develop India’s largest solar engineering procurement and construction (EPC) order for a 1 GW project worth ₹5,500 crores. It’s a 1000 MW solar power project that will be set up in the Bikaner district of Rajasthan.
According to the company, this project in Rajasthan aims to decrease approximately 22,87,128 kg of carbon emissions while generating around 2500 million units per year. The construction of this project will take place under the central public sector undertaking scheme of the Ministry of New & Renewable Energy (MNRE). Most likely, the project will get completed within the next 24 months.
In the next 25 years, around 56,800 million units would get generated on a progressive basis. Meanwhile, it would reduce around 27,85,077 tonnes of carbon emissions in the same period.
Speaking about India’s largest EPC order, SJVN Chairman and Managing Director, Nand Lal Sharma said;
The project further consolidates our commitment toward achieving the government’s target of 500 GW of non-fossil energy capacity by 2030. The recent securing of new solar projects is also paving way for achieving our firm’s vision of 5000 MW by 2023, 25000 MW by 2030, and 50000 MW by 2040.
Even Dr. Praveer Sinha, CEO & MD, Tata Power, mentioned how proud their company is to win this mega solar project by SJVN. With the implementation of this huge project, the company is promoting clean and green energy within the country. It will further strengthen the position of these companies among the leading solar EPC players in the world.
With this big win of 1 GW, Tata Power’s order booking surpasses the INR 12,000 Crore with a strong portfolio of over 9.3 GW for its utility-scale renewables projects. Furthermore, it is a huge step for the nation to encourage everyone to use clean energy for environmental preservation.
Via: Economic Times