SJVN Limited announced that its wholly owned subsidiary SJVN Green Energy Limited (SGEL) has successfully commissioned the 90 MW Omkareshwar Floating Solar Project. On commissioning of the project, the total installed capacity of the company stands increased to 2,466.50 MW, the company said in a regulatory filing.
The 90 MW Omkareshwar Floating Solar Project is housed in Omkareshwar Floating Solar Park which is located in district Khandwa, Madhya Pradesh. “The project is one of the largest floating solar projects in Central & North India. With commissioning of the project, the company has ventured into the floating solar power segment,” SJVN said.
The project, per the details shared by the company, has been developed at a cost of Rs 646.20 crores and is expected to generate 196.5 million units of energy in the first year. The estimated cumulative energy generation over a period of 25 years shall be 4,629.3 million units. This project will increase SJVN Ltd’s revenue by Rs 64 crore.
Currently, the company’s total project portfolio is 56,802.40 MW and the company is executing projects in Hydro, Pumped Storage, Thermal and Renewable Energy sectors.
Earlier on August 3, the company had announced that it has entrusted Sushil Sharma, Director (Projects), SJVN Limited with an additional charge of the post of Chairman & Managing Director with effect from 01.08.2024 for a period of three months or till a full-time incumbent is appointed or until further orders.