SJVN signs MoU with BHEL, REMP to develop renewable projects for Indian Railways

Satluj Jal Vidyut Nigam (SJVN) has signed a MoU for the development of renewable energy projects with two other state-owned companies: engineering firm Bharat Heavy Electricals Limited (BHEL) and Railway Energy Management Company (REMC) Limited. The MoU will have two direct impacts.

On one hand, it will assist SJVN in attaining its renewable energy target. On the other hand, it will help the Indian Railways reach its objective of becoming a net-zero carbon emitter by the end of this decade. SJVN currently has twelve solar power projects with a total capacity of 3,065 MW in various phases of development. The company’s total portfolio includes more than 16,900 MW in nine Indian states as well as neighbouring Nepal and Bhutan.

In March 2022, the responsibility for the development of a 400 MW solar park in Upper Kinnaur, Himachal Pradesh, was awarded to SJVN Limited. The Ministry of New and Renewable Energy has granted its in-principle approval for the development of this solar park under the solar park scheme’s Mode-8 or ultra mega renewable energy power parks. The preliminary survey and investigation for the solar park were completed by HIMURJA. The company will prepare and submit the detailed project report (DPR) at the earliest, in accordance with the solar park scheme’s timelines.

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