PM Modi Lays Foundation Stone for SJVN's 200 MW Solar Project in Gujarat's Khavda
Prime Minister Narendra Modi virtually laid the foundation stone for SJVN Limited's 200 MW solar power project at Khavda, Gujarat. The project, part of GUVNL Phase – XVII at Khavda Solar Park, has an estimated cost of ₹866.80 crore. It has a 25-year power purchase agreement with GUVNL at a tariff of ₹2.88 per unit. Expected to be commissioned by December 31, 2026, the project aims to generate 504.92 million units in its first year and 11,620.00 million units over 25 years. It is projected to reduce carbon emissions by 569,250.00 tonnes over its lifetime. This initiative contributes to India's goal of achieving 500 GW of renewable energy capacity by 2030 and net-zero emissions by 2070.

*this image is generated using AI for illustrative purposes only.
Prime Minister Narendra Modi has virtually laid the foundation stone for SJVN Limited 's 200 MW solar power project at Khavda, Gujarat, marking a significant milestone in India's renewable energy sector. The project, part of the GUVNL Phase – XVII at Khavda Solar Park, represents a major step forward in the country's commitment to sustainable energy development.
Project Details
The 200 MW Khavda Solar Power Project, situated in the Kachchh district of Gujarat, is being developed within the larger Khavda Solar Park, an initiative of the Gujarat State Electricity Corporation Limited (GSECL). SJVN, a Navratna CPSE under the Ministry of Power, Government of India, will oversee the project's implementation.
Key aspects of the project include:
| Aspect | Details |
|---|---|
| Estimated Cost | ₹866.80 crore |
| Power Purchase Agreement | 25-year contract with Gujarat Urja Vikas Nigam Limited (GUVNL) |
| Tariff | ₹2.88 per unit |
| Expected Commissioning | December 31, 2026 |
| Projected Energy Generation (First Year) | 504.92 million units |
| Projected Energy Generation (Cumulative 25 years) | 11,620.00 million units |
| Environmental Impact | Anticipated reduction of 569,250.00 tonnes of carbon emissions over 25 years |
Significance and Impact
This project aligns with India's ambitious renewable energy goals, contributing to the nation's target of achieving 500 GW of renewable energy capacity by 2030 and net-zero emissions by 2070. The Khavda Solar Power Project is expected to:
- Utilize the vast arid land of Kachchh for clean power generation
- Meet a significant portion of Gujarat's renewable energy requirements
- Create both direct and indirect employment opportunities in the region
SJVN's Growing Portfolio
SJVN Limited, a joint venture between the Government of India and the Government of Himachal Pradesh, continues to expand its renewable energy footprint. The company has:
- Commissioned 14 projects with a total installed capacity of 2,968 MW
- Installed 123 km of transmission lines
- Ongoing power projects across India and neighboring Nepal
The foundation stone laying ceremony was attended virtually by several dignitaries, including Gujarat Chief Minister Bhupendrabhai Patel, Union Ministers Sarbananda Sonowal and Dr. Mansukh Mandaviya, and senior officials from SJVN and its subsidiary SGEL.
As India pushes forward with its clean energy agenda, projects like SJVN's Khavda Solar Power Plant play a crucial role in reshaping the country's energy landscape and contributing to global climate change mitigation efforts.
Historical Stock Returns for SJVN
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.58% | -2.68% | -5.31% | -4.76% | -25.54% | +282.76% |
















































