SJVN has entered into a Memorandum of Understanding (MoU) with Bharat Heavy Electrical (BHEL) for development of Solar Power projects in India. The MoU aims at building a closer strategic partnership between the parties for jointly pursuing commercial solar power projects through participation in tariff and viability gap funding based competitive bidding process.
As per MoU for the projects that will be developed by SJVN, BHEL will be an engineering, procurement, construction and project management contractor. In addition to this BHEL shall also provide operation and maintenance services after commissioning of project.
SJVN is engaged in hydroelectric power generation originally established as a joint venture between the government and the state government of Himachal Pradesh to develop and operate the Nathpa Jhakri Hydro Power Station (NJHPS).
