State-owned SJVN Ltd on Tuesday said it has received a letter of intent from Uttarakhand Power Corporation Ltd (UPCL) for purchase of 200 MW green energy. UPCL intends to purchase 200 MW power at a tariff of Rs 2.57 per unit from its 1,000 MW Bikaner Solar Project in Rajasthan, SJVN said in a statement.
“The company has received a Letter of Intent for purchase of 200 MW solar power from Uttarakhand Power Corporation Ltd. The solar project is being developed through SJVN Green Energy Ltd (SGEL), a wholly owned subsidiary of the company in Rajasthan under the CPSU Scheme, with viability gap funding support from Government of India,” it said.
