MoU22 Nov 2024, 12:46 am
SJVN Ltd Signs MoU with Rajasthan Energy Department for 5 GW Pumped Storage, 2 GW Floating Solar Projects
AI Summary
SJVN Ltd has signed a Memorandum of Understanding with the Energy Department, Government of Rajasthan to lead the development of renewable energy in the state. The MoU was signed by Akhileshwar Singh, Director (Finance) SJVN and Om Kasera, Managing Director RRECL in the presence of Chief Minister Bhajan Lal Sharma. SJVN will develop 5 GW Pumped Storage Projects and 2 GW Floating Solar Projects in the state, with both parties agreeing to collaborate for long-term renewable energy development.
Key Highlights
- SJVN Ltd signs MoU with Rajasthan Energy Department for renewable energy development
- 5 GW Pumped Storage Projects and 2 GW Floating Solar Projects to be developed in Rajasthan
- MoU signed by Akhileshwar Singh, Director (Finance) SJVN and Om Kasera, Managing Director RRECL
- Collaboration for long-term renewable energy development between SJVN and Rajasthan Government
- Agreement in line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015