SJVN Green Energy Limited has signed an agreement with Uttarakhand Power Corporation Limited (UPCL) for supply of 200 MW solar power from its 1,000 MW capacity project at Bikaner, Rajasthan.
Government-owned SJVN, through its wholly owned subsidiary SJVN Green Energy Limited (SGEL), has signed a power use agreement (PUA) with UPCL.
The solar project is being developed by SJVN through SGEL in Rajasthan under the CPSU scheme of IREDA (Indian Renewable Energy Development Agency), it said in a statement on Friday. The development cost of the project under construction is Rs 5,491 crore. It is planned to be operational by April 2024.
The power generated from the project will be used by government entities either directly or through distribution companies.