SHIMLA: SJVN has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan for developing 10 GW renewable energy projects/parks in the state.
According to the CMD SJVN Nand Lal Sharma with the addition of 10,000 MW capacity, the portfolio of SJVN has now reached 42,000 MW, informed .
The MOU was signed by . Nand Lal Sharma and Bhaskar Sawant, Principal Secretary (Energy), Govt. of Rajasthan in the presence of Chief Minister of Rajasthan Ashok Gehlot, in New Delhi today.
On this occasion, Industries Minister of Rajasthan, Shakuntala Rawat, Director (Personnel) SJVN Geeta Kapur, Director Finance, SJVN A.K Singh, CEO, SJVN Green Energy Limited S.L Sharma and other senior officials of Government of Rajasthan & SJVN were also present.
Nand Lal Sharma said SJVN will establish 10,000 MW renewable energy projects/parks on the land banks to be allocated by Rajasthan Renewable Energy Corporation Limited in the state.
An investment of around Rs 50,000 crore will be made for developing these projects in the next five to seven years, he added.
He said these projects/parks will usher in socio-economic development in the state and will open up multiple direct and indirect employment opportunities.
