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. NEW DELHI: The projects form part of the company's aim of installing 2 GW of renewable capacity by 2023 .
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 .