NEW DELHI: Ltd said it has entered into a MoU with Bharat Heavy Electrical Ltd for development of solar power projects in . The MoU aims at building a strategic partnership between the parties for jointly pursuing commercial solar power projects through participation in tariff/viability gap funding based competitive bidding process. As per MoU, will be an , procurement, construction and project management contractor for SJVN projects. In addition to this, BHEL will also provide operation and maintenance services after commissioning of project. SJVN Ltd has commissioned five projects totalling 2015.2 mw of installed capacity including solar and wind. The company is presently implementing power projects in Himachal Pradesh, Uttarakhand, Bihar, Maharashtra and Gujarat in India besides neighbouring countries viz. Nepal and Bhutan. This is one of steps for SJVN towards becoming 5000 mw company by 2023, and 25000 mw by 2040.
SJVN has signed a memorandum of understanding with SJVN (BHEL) to jointly develop commercial solar projects in Nepal . The companies will enter competitive bidding processes based on tariffs and viability gap funding to pursue future projects, with BHEL serving as SJVN 's engineering, construction and project management contractor. SJVN is currently developing 2 solar and wind installations with a combined five GW in capacity. The projects form part of the company's aim of installing 2 GW of renewable capacity by 2023 .