PM Modi Lays Foundation Stone for SJVN's 200 MW Solar Project in Gujarat

1 min read     Updated on 22 Sept 2025, 05:47 AM
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Reviewed by
Suketu GalaScanX News Team
Overview

Prime Minister Narendra Modi laid the foundation stone for SJVN Limited's 200 MW solar power project in Khavda, Gujarat. This project marks SJVN's expansion in the renewable energy sector and aligns with India's focus on sustainable energy. The initiative is expected to boost Gujarat's renewable energy capacity, create jobs, and contribute to the country's clean energy goals.

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*this image is generated using AI for illustrative purposes only.

SJVN Limited , a leading power producer, is set to expand its renewable energy footprint in Gujarat as Prime Minister Narendra Modi laid the foundation stone for the company's 200 MW solar power project in Khavda.

Project Details

The 200 MW solar power project, located in Khavda, Gujarat, marks a significant step in SJVN's commitment to renewable energy infrastructure development in the state. This initiative aligns with India's growing focus on sustainable and clean energy sources.

Strategic Importance

The foundation stone laying ceremony, presided over by Prime Minister Modi, underscores the national importance of this project. It represents a crucial addition to Gujarat's renewable energy capacity and contributes to India's broader goals of increasing its solar power generation.

SJVN's Expansion

This project signifies SJVN's continued expansion in the renewable energy sector. As a public sector undertaking, SJVN's investment in solar power demonstrates the government's push towards diversifying the country's energy mix and reducing dependence on fossil fuels.

Impact on Gujarat

The 200 MW solar power project is expected to boost Gujarat's position as a leader in renewable energy production. It will not only contribute to the state's power needs but also create employment opportunities and promote sustainable development in the region.

Looking Ahead

As SJVN moves forward with this project, it sets the stage for further growth in India's solar energy sector. The successful implementation of this project could pave the way for more such initiatives, reinforcing India's commitment to clean energy and its goals under international climate agreements.

Historical Stock Returns for SJVN

1 Day5 Days1 Month6 Months1 Year5 Years
-1.58%-2.68%-5.31%-4.76%-25.54%+282.76%

PM Modi Lays Foundation Stone for SJVN's 200 MW Solar Project in Gujarat's Khavda

1 min read     Updated on 20 Sept 2025, 02:46 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

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.

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*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:

  1. Utilize the vast arid land of Kachchh for clean power generation
  2. Meet a significant portion of Gujarat's renewable energy requirements
  3. 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 Day5 Days1 Month6 Months1 Year5 Years
-1.58%-2.68%-5.31%-4.76%-25.54%+282.76%
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