SJVN has entered into Memorandum of Association (MoU) with Damodar Valley Corporation (DVC) for harnessing 2000 MW floating solar energy projects in their command areas. As per MoU, SJVN and DVC will jointly identify suitable water bodies and available land under the SJVN and DVC command areas for setting up renewable power projects.
DVC has large water bodies under its management, which can be harnessed for solar power by setting up floating solar energy farms.
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).