SJVN eyeing to develop 5,000 MW renewable energy projects in Punjab

After signing a pact for developing 10,000 MW solar projects and parks in Rajasthan, public sector SJVN is now eyeing to tap renewable energy in Punjab, which holds a huge potential for generation from agro-residues, an alternative model of diversification, besides solar power.

SJVN Chairman and Managing Director Nand Lal Sharma met Punjab Chief Minister Bhagwant Mann in Chandigarh on Thursday and expressed keen interest in developing 5,000 MW renewable energy projects in the state.

Sharma told IANS that he proposed to develop solar energy projects either by way of joint ventures formation or memoranda of understand by setting up canal top projects and floating solar projects across the state.