SJVN Green Energy inks MoU with Assam Power Distribution Company

SJVN Green Energy inks MoU with Assam Power Distribution Company

by admin- Tuesday, October 18th, 2022 04:21:14 PM

 

SJVN introduced that a Memorandum of Understanding (MoU) has been signed among SJVN’s totally owned subsidiary SJVN Green Energy Ltd (SGEL) and Assam Power Distribution Company Ltd (APDCL) at Guwahati. The MoU has been inked for growing one thousand MW Floating Solar Power Projects in Assam with the aid of incorporating a Joint Venture Company.

The challenge will generate 2192 Million Units in first year after commissioning and round 50425 Million Units cumulative electricity will be generated over 25 years. An investment of Rs. 6000 crore will be made by using SJVN inside the kingdom for growing the assignment.

The company has aligned its Shared Vision of 5000 MW by 2023, 25000MW by using 2030 & 50000 MW capacity through 2040 with that of Government of India’s target of achieving 50% strength from non-fossil fuel assets through 2030. As a strategic & reliable companion, SJVN plans to play a critical position in clean power transition of the country.

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