SHIMLA: SJVN’s wholly owned subsidiary SJVN Green Energy Limited (SGEL) and Assam Power Distribution Company Limited (APDCL) signed an MoU for developing 1000 MW Floating Solar Power Projects in Assam by incorporating a Joint Venture Company in Guwahati today.
CMD SJVN Shri Nand Lal informed that a Memorandum of Understanding (MoU) was signed in the presence of Chief Minister of Assam Dr. Himanta Biswa Sarma, Minister of Public Health Engineering, Skill, Employment & Entrepreneurship & Tourism Sh. Jayanta Mallabaruah, Power Minister Smt. Nandita Gorlosa and Minister for Labour Welfare Sanjoy Kishan.
MoU was signed by Sh. Nand Lal Sharma, CMD, SJVN and Shri Rakesh Kumar (IAS), Managing Director, APDCL.
On this occasion Principal Secretary (Power) Sh. Niraj Verma (IAS), Sh A.K Singh, Director (Finance) SJVN, Sh. S.L Sharma, CEO (SGEL) along with other senior officials of the state government, SJVN and SGEL were also present.
Highlighting the benefits of the project, Sh. Nand Lal Sharma said that the project will generate 2192 Million Units in first year after commissioning and around 50425 Million Units cumulative energy will be generated over 25 years.
An investment of Rs 6000 Crores will be made by SJVN in the state for developing the project.
During construction and operation stages approximate 4000 persons will get direct and indirect employment opportunities.
Carbon emissions reduction to the tune of 1,07,383 tonne for first year and 24,70,732 tonnes for complete life span will be achieved from this project.
This project will bring in multiple avenues of employment, boost to local businesses, green power generation, carbon emission reduction and over all socio-economic development in Assam,” said Sharma.
Assam has the floating solar power generation potential of around 3000 MW out of which SJVN would develop 1000 MW Floating Solar Projects across the state.
It will spread over 4500 hectares of water area. This will save approximately 2500 hectares of land as floating solar power projects does not require any land levelling, removal of vegetation or any displacement.
