SJVN receives nod from Uttarakhand Power Corporation for purchase of 200 MW solar power

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.

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