SJVN Signs BoS Supply Contract for 360 MW Solar Projects in Gujarat

The projects are expected to be completed within a year

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Solarworld Energy Solutions has signed a contract with SJVN Green Energy, a wholly owned subsidiary of SJVN, to supply balance of system (BoS) package for two grid-connected solar power projects with a total capacity of 360 MW in Gujarat.

The two projects, with 100 MW and 260 MW capacity, will be installed at Mothara village in the Kutch district of Gujarat.

The projects are expected to be completed within a year. The contract does not involve module supply.

Solarworld will also take care of the project’s operation and maintenance for three years.

The tender was floated in July.

The scope of work encompasses various tasks, including land development, design, and engineering. It also includes equipment procurement, testing at the manufacturer’s works, packing, forwarding, and transportation.

The responsibilities extend to associated civil and electrical works, as well as services, permits, licenses, installation, erection, testing, commissioning, and performance demonstration of the solar projects.

The scope is considered to include all equipment, materials, and services necessary for the satisfactory operation of the solar project. Solarworld will supply a 220 kV switchyard along with the transmission system. They will be responsible for the integration with the evacuation system provided by the state electricity authority, even if not explicitly mentioned in the bid documents or the contractor’s proposal.

In July 2022, SJVN signed the EPC contract with Solarworld Energy Solutions to deploy a 75 MW solar project in Gurah village in Jalaun district and a 50 MW project in Gujrai village in Kanpur district. The estimated cost of these two EPC contracts was ₹6.91 billion (~$83.1 million), which includes end-to-end delivery of the solar project and operation and maintenance for two years.

In a first-of-its-kind transaction undertaken by a public sector undertaking, SJVN secured ₹100 billion (~$1.2 billion) construction financing facility to fund its upcoming renewable energy projects. Deutsche Bank, State Bank of India, Punjab National Bank, Bank of India, and Mitsubishi, and United Financial of Japan Financial Group Bank raised the financing.

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