The power generated from the project will be procured by Uttar Pradesh New and Renewal Development Agency (UPNEDA) for 25 years at a quoted tariff of Rs 2.68/KWh.
SJVN said it has received a letter of intent (LoI) for a 75 MW grid-connected solar power project at Parasan in Jalaun district of Uttar Pradesh through tariff-based competitive bidding by UPNEDA.
UPNEDA is the nodal agency for the implementation of solar energy schemes in Uttar Pradesh.
SJVN has quoted a tariff of Rs 2.68 / KWh (kilowatt-hour) and power generated from this project will be procured by UPNEDA for 25 years. However, the company did not disclose any further information concerning the project. SJVN is a joint venture of the government of India and the Himachal Pradesh government.
Read More: SJVN bags solar project in UP – Projects & Tenders