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SJVN Limited which is a joint venture between the government of India and the Himachal Pradesh government has very recently invited expressions of interest from independent power producers, power generating companies, developers, state electricity boards, and lenders for offering their hydro, solar, and wind projects in India. For the first tranche, the last date to submit the applications is 31st May 2021. Bids will open on 1st of June.
With this, SJVN is aggressively looking to expand its solar and wind power capacity. Last year 2020, SJVN had issued a notice inviting expressions of interest from interested parties to offer their solar and hydropower projects for acquisition.
As far as the present installed capacity of SJVN is concerned, it is 2,015 MW comprising 1,912 MW of hydropower, 97.6 MW of wind power, and 5.6 MW of solar power. SJVN has plans to acquire hydro, solar, and wind power projects under construction and in operation. Projects in the survey and investigation stage are also considered for acquisition.
For solar projects, the minimum eligible capacity is 25 MW and above, and for wind projects, the capacity must be 50 MW and above.