SJVN has signed a memorandum of understanding with Bharat Heavy Electrical (BHEL) to jointly develop commercial solar projects in India. The agreement was inked during the visit by Prime Minister Narendra Modi on February 23. SJVN is currently developing five solar and wind installations with a combined 2 GW in capacity. The projects form part of the company's aim of installing 5 GW of renewable capacity by 2023.
SJVN has signed a memorandum of understanding with Bharat Heavy Electrical (BHEL) to jointly develop commercial solar projects in India. 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 five solar and wind installations with a combined 2 GW in capacity. The projects form part of the company's aim of installing 5 GW of renewable capacity by 2023.