SJVN Signs an MoU with BHEL to Develop Solar Power Projects MOU

SJVN Signs an MoU with BHEL to Develop Solar Power Projects

 

New Delhi: SJVN Limited has entered into a MoU with Bharat Heavy Electrical Limited (BHEL) for development of Solar Power projects in India. The MoU aims at building a closer strategic partnership between the parties for jointly pursuing commercial solar power projects through participation in tariff and viability gap funding based competitive bidding process.
 
As per MoU for the projects that will be developed by SJVN, BHEL will be an Engineering, Procurement, Construction and Project Management Contractor. In addition to this BHEL shall also provide operation and maintenance services after commissioning of project.
 
The MoU was signed by Shri Sanjay Uppal, Chief General Manager (BD&MS), SJVN Limited and Shri T. K. Bagchi, General Manager (REWB), BHEL at New Delhi in the august presence of Shri S. Balakrishnan, Director (IS&P), BHEL. 
 
SJVN Limited has commissioned five projects totaling 2015.2 MW of installed capacity including solar and wind. Company is presently implementing power projects in Himachal Pradesh, Uttarakhand, Bihar, Maharashtra and Gujarat in India besides neighboring countries viz. Nepal and Bhutan.
 
This is one of steps for SJVN towards becoming 5000 MW Company by 2023, 12000 MW Company by 2030 and 25000 MW Company by 2040.


Posted Date :  09-07-19

Categories : MOU

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