SJVN signs pact with Solarworld to develop 75-MW solar power project in UP

State-owned SJVN NSE 0.52 % has inked a pact with Noida-based Solarworld Energy Solutions Pvt Ltd to develop a 75-megawatt (MW) solar power project at the Parasan Solar Park in Uttar Pradesh for Rs 313.59 crore.

“SJVN entered into contract agreement for the development of 75 MW (AC) solar power project at Parasan Solar Park, Uttar Pradesh, on an engineering-procurement-construction (EPC) basis with subsequent O&M (operation and maintenance) for three years with Solarworld Energy Solutions Private Ltd, Noida,” SJVN said in a statement.

The contract was signed in the presence of SJVN Chairman and Managing Director Nand Lal Sharma.

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