The Rajasthan government has approved signing an MoU with SJVN for developing 10,000 MW renewable energy projects in the state. These projects/parks will usher in socio-economic development in the state and will open up multiple direct and indirect employment opportunities.
The company will establish the renewable energy projects on the land banks to be allocated by Rajasthan Renewable Energy Corporation. An investment of Rs 50,000 crore is estimated for developing these projects in the next five to seven years.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
