State-owned SJVN Ltd on Saturday said it has bagged a contract from Punjab State Power Corporation Ltd (PSPCL) for the development and procurement of 1,200 MW of solar power entailing an investment of Rs 7,000 crore.”SJVN Green Energy Ltd (SGEL; a wholly owned subsidiary of SJVN) will develop 1000 MW (solar) project anywhere in the country and balance 200 MW in the state of Punjab,” a company statement said.
