SJVN has signed a memorandum of understanding with Bharat Heavy Electrical (BHEL) to jointly develop commercial solar projects in India. 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. 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 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.