MoneyWorks4Me

SJVN signs MoU with BHEL, REMC to develop renewable projects for Indian Railways

12 Apr 2022 Evaluate

SJVN has inked a memorandum of understanding (MoU) with BHEL and REMC for development of renewable energy projects for Indian Railways. All entity will work together to leverage their core strength in project development for the establishment of renewable energy projects for use by Indian Railways.

This pact will be a step toward meeting SJVN's target of renewable energy as well as Indian Railways' target of becoming a net-zero carbon emission mission by 2030.

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).

Peers
Company Name CMP
NTPC 330.00
Tata Power 363.30
Adani Power 202.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1346.95
View more..