SVJN on Monday announced that its wholly owned subsidiary, SJVN Green Energy Limited has signed the Power Usage Agreement (PUA) with Jammu & Kashmir Power Corporation Limited (JKPCL) at Jammu for 300 MW solar power capacity.
The company said that this 300 MW power shall be supplied to JKPCL from the under construction 1,000 MW Bikaner Solar project which is being developed under the CPSU Scheme of IREDA at a cost of Rs 5,491 crore. “The project is being developed under the Domestic Content Requirement (DCR) mode and is slated for commissioning by July, 2024. Power from this project is for Govt use either directly or through Discom,” it said in a regulatory filing.
