SJVN bags procurement contract for 1,200 MW solar power from Punjab
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.
SJVN has received the Letter of Intent (LOI) from the PSPCL for the procurement of 1,200 MW of solar power.
