State-owned SJVN expects to commission its 1 GW solar project in Bikaner by September next year. The total project outlay is around INR 5,500 crore. SJVN has spent around INR 2,200 crore on this project.
SJVN said the project will be commissioned in two parts. The first part of 250 MW will become operational in March and the remaining by September 2024.
The state-run hydropower producer is executing several PV projects. It expects to commission its 125 MW of PV projects in Uttar Pradesh (75 MW in Gurah district and 50 MW in Gujrai) by the end of December this year. Projects expected to be commissioned by December next year include the 70 MW Bagodara solar power project in Gujarat, the Raghanesda solar project in Gujarat, 90 MW floating solar at Omkareshwar reservoir of Madhya Pradesh, and 100 MW in Punjab.
SJVN aims to build 5 GW of pumped storage capacity in the next seven to eight years with an investment of around INR 9-10 crore per megawatt. Currently, it is preparing the pre-feasibility reports and will take up development if the projects are found viable.
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