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SJVN inks MoU with Rajasthan government for 7 GW renewable energy projects

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SJVN has signed a Memorandum of Understanding (MoU) with the Energy Department of Rajasthan to advance renewable energy development in the state. As part of the MoU, SJVN will develop 5 GW of pumped storage projects and 2 GW of floating solar projects in Rajasthan. The agreement was formalized in the presence of Rajasthan’s Chief Minister, Bhajan Lal Sharma, and signed by Akhileshwar Singh, Director (Finance) SJVN, and Om Kasera, Managing Director of RRECL. SJVN…

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ACME Sun Power secures Rs 37.53 billion loan from REC

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ACME Sun Power, a subsidiary of ACME Solar Holdings, has secured a Rs 37.53 billion term loan from REC Limited to develop a 320 MW firm and dispatchable renewable energy (FDRE) project in collaboration with SJVN. The project aims to provide round-the-clock power, assisting distribution companies in meeting renewable purchase and energy storage obligations. Solar capacity will be developed in Jaisalmer, Rajasthan, while wind sites are planned in Bhuj and Jam Khambhaliya, Gujarat. A power…

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Gentari, Juniper Green, and others secure SJVN’s 1.2 GW hybrid power auction

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Gentari Renewables India Utilities 2, Juniper Green Energy, EG Energy Development (Enfinity Global), Sunsure Solarpark RJ One, and Adyant Enersol (Datta Infra) emerged as winners in SJVN’s Phase III auction for 1,200 MW of ISTS-connected wind-solar hybrid power projects in India.  Gentari, Juniper, EG Energy, and Adyant secured 400 MW, 300 MW, 300 MW, and 70 MW, respectively, at Rs 3.19 per kWh. Sunsure won 130 MW of its quoted 150 MW using the bucket-filling…

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SJVN launches tender for 6 GW renewable energy with storage

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SJVN Ltd has announced a 6 GW tender for renewable energy projects with storage, aimed at ensuring electricity supply during peak hours. The tender seeks power supply through an inter-state transmission system, allowing distribution across India. As part of its decarbonisation goals, India plans to connect 35 GW of solar and wind capacity to its grid by March 2025, contributing to its target of 500 GW of non-fossil power capacity. Renewable energy generation has been…

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SJVN to develop 8.1 GW pumped storage, 505 MW floating solar projects in Maharashtra

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State-run SJVN Ltd has signed two MoUs with the Maharashtra Government to develop 8.1 GW of pumped storage projects and 505 MW floating solar projects.  The first MoU, with the Department of Water Resources, covers five pumped storage projects totalling 8.1 GW, including Kolmondapada (800 MW), Sidgarh (1,500 MW), Chornai (2,000 MW), Baitarni (1,800 MW), and Jalvara (2,000 MW).  The second MoU, with MAHAGENCO, focuses on a 505 MW floating solar project at Lower Wardha…

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SJVN invites bids for 5.8 MW rooftop solar projects

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SJVN has issued a tender for the installation of 5.8 MW grid-connected rooftop solar power systems on Union Government buildings across several states, including Delhi, Madhya Pradesh, Uttar Pradesh, Haryana, Gujarat, Maharashtra, and Rajasthan. The project is part of the PM Surya Ghar: Muft Bijli Yojana and follows the Renewable Energy Service Company (RESCO) model. Bidders are required to submit Rs 5,900 as a document fee, Rs 5,000 plus 18% GST for bid processing, and…

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Saatvik Solar supplies 70.2 MW of high-efficiency modules for SJVN’s Punjab power project

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Saatvik Solar has delivered 70.2 MW of high-efficiency Mono PERC 545Wp solar modules for SJVN Limited’s power project in Punjab. These high-performance modules, made from single-crystal silicon, are designed to maximize energy output, even in low-light conditions, and feature a uniform black appearance. Their design makes them especially suitable for projects where space needs to be used efficiently.

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SJVN, GMR, IREDA sign MoU for Upper Karnali Hydro Project in Nepal

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SJVN, GMR Upper Karnali Hydro Power (GMR), and the Indian Renewable Energy Development Agency (IREDA) have signed a memorandum of understanding (MoU) to jointly develop the 900 MW Upper Karnali Hydro Electric Project in Nepal. SJVN and GMR will each hold a 34% stake, with IREDA taking 5%, while the remaining equity will be owned by the Nepal Electricity Authority (NEA). The project, with an estimated cost of Rs 91 billion, will be developed on…