The power generated from this 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 Ltd said in a statement.

 

SJVN Ltd 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. Uttar Pradesh New and Renewal Development Agency (UPNEDA) is the nodal agency for the implementation of solar energy schemes in Uttar Pradesh.

 

"SJVN Ltd has quoted a tariff of Rs 2.68 / KWh and power generated from this project will be procured by UPNEDA for 25 years," the statement said.

 

However, the company did not disclose any further information concerning the solar project.

 

SJVN Ltd is a joint venture of the Government of India and the Himachal Pradesh government.