New Delhi: State-owned SJVN Ltd on Monday said its arm SJVN Green Energy Ltd (SGEL) has inked two pacts with Punjab State Power Corporation to supply 1,200 MW of solar power from its projects. “SJVN signed two Power Purchase Agreements (PPA) for 1,200 MW solar power in the august presence of Punjab, Bhagwant Mann and Nand Lal Sharma, Chairman & Managing Director, SJVN at Sangrur, Punjab, today (Monday),” a company statement said.
According to the statement SJVN through its wholly-owned subsidiary SGEL has signed two PPAs (power purchase agreements) with Punjab State Power Corporation Ltd (PSPCL) for 200 MW Solar Project(s) to be developed anywhere in Punjab and another for 1,000 MW Solar Project(s) to be developed anywhere in the country.