SJVN signs MoU with NIWE to develop solar & wind projects

New Delhi: SJVN Limited has entered into an MoU with the National Institute of Wind Energy (NIWE) for Technical Consultancy Services for the development of solar, wind, hybrid (wind & solar) and hybrid (wind, solar and battery storage) energy projects of SJVN. NIWE will support SJVN to assess the feasibility and techno-commercial aspects of solar, wind, hybrid (wind and solar) and hybrid (wind, solar & battery storage) energy projects and preparation of detailed project reports, estimates and bid documents covering all relevant aspects from concept to commissioning of these projects of SJVN.

Speaking on the occasion, SJVN Limited’s Chairman and Managing Director (CMD) Nand Lal Sharma said, “The government is targeting to achieve installation of 175 GW of renewable energy capacity by the year 2022 and 450 gigawatts of renewable energy capacity by 2030, the joint efforts of SJVN and NIWE are going to accelerate the process of achieving this target and providing round the clock (RTC) energy to our nation.” He further said that these efforts will also lead to the achievement of the shared vision of SJVN, of becoming a 25,000 MW company by 2040.

ALSO READ: 

1. COVID Vaccination: SJVN vaccinates 1700 people in three days

2. CSR Watch: SJVN organises special COVID vaccination drive at Shimla

The MoU was signed in a virtual ceremony by the NL Sharma and NIWE’s Director-General Dr K Balaraman in the presence of SJVN Limited’s Director (Personnel) Geeta Kapur, Director (Civil) SP Bansal, Director (Finance) AK Singh, Director (Electrical) Sushil Sharma, while other senior officials from SJVN and NIWE were also present.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)