SJVN Green Energy (SGEL), a wholly-owned subsidiary of SJVN, has invited bids for the outright purchase/lease of up to 2,000 acres of land for 28 years in the 765/400/220 kV Bikaner-IV Pooling Station area, Rajasthan. The land will be used to set up solar power projects with a cumulative capacity of 500 MW.

The last day to submit the bids is September 3, 2024. Bids will be opened on the same day.

Bidders must pay an earnest money deposit of ₹4 million (~$47,641.28) for 400 acres, ₹8 million (~$95,283.46) for 800 acres, ₹12 million ($142,938) for 1,200 acres, ₹16 million (~$190,582) for 1,600 acres and ₹20 million ($238.21 million) for 2,000 acres and above.

They must also pay a non-refundable tender document fee of ₹5,000 (~$59.55).

The work includes purchasing and registering the land, providing services for related works and land development, and constructing a GI chain link wire fencing along the land boundary and the main entry gate.

Bidders may offer multiple land parcels up to 2,800 acres. A single connected land parcel can be either 400 acres or in multiples of 400 acres up to 2,000 acres, and the aerial distance between the nearest point of the land parcel and Bikaner-IV Pooling Station will not be more than:

• 20 km for a single land parcel having an area of 400 acres
• 25 km for a single land parcel having an area of 800 acres and more

Earlier this year, SJVN Green had broken ground for its 50 MW solar power project at the Sitalmari village of Sonitpur district in Assam. The project was estimated to cost ₹2.91 billion (~$35.17 million). The power generated will be supplied to the Assam Power Development Corporation at a tariff of ₹3.92 (~$0.0474)/kWh.

The company also signed a joint venture and shareholders agreement with Assam Power Distribution Company (APDCL) to execute renewable energy projects and parks within the APDCL or SJVN jurisdiction areas and on a pan-India basis. The company holds 51% of the ownership of the new JV company, while APDCL will own the remaining 49%.

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