New Delhi, Feb 27 (PTI) State-owned SJVN on Tuesday announced the commissioning of 100 MW Raghanesda solar power project located at Banaskantha district in Gujarat.

The project, bagged at a tariff of Rs 2.64 per unit, has been commissioned through its subsidiary SJVN Green Energy Ltd (SGEL), SJVN said in a regulatory filing.

Also Read | NTPC Recruitment 2024: Applications Invited for 110 Deputy Manager Posts, Know How to Apply at careers.ntpc.co.in.

The "Power Purchase Agreement (PPA) has been signed with Gujarat Urja Vikas Nigam Limited (GUVNL) for 25 years. The cost of construction/development of this project is Rs 642 crore. The project will generate 252.3 million units (MUs) in the first year," it said.

The project is expected to generate 5,805 MU of solar power over a period of 25 years.

Also Read | Sudarshan Setu Inauguration: PM Narendra Modi Set To Inaugurate Okha-Beyt Dwarka Signature Bridge on February 25, Know Everything About India’s Longest Cable-Stayed Bridge (See Pics and Video).

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)