Markets & Policy

SJVN Green Energy signs PPAs for 1.2 GW of solar

SJVN Green Energy will develop 1.2 GW of cumulative solar capacity to supply electricity to Punjab State Power Corp., with a total investment of $843.39 million.
Uma Gupta
By
Uma Gupta
Image: SJVN

From pv magazine India

SJVN Green Energy, a unit of SJVN, has signed two power purchase agreements (PPAs) with Punjab State Power Corp. for 1.2 GW of solar projects.

Around 1 GW of the solar projects can be developed anywhere in India, while 200 MW of solar projects will be developed in Punjab. The projects will be developed within 18 months on a build-own-operate basis.

SJVN Green Energy said that the total investment in the projects will reach $843.39 million.

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