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SJVN Green Signs Power Usage Agreement with J&K Power Corp.

SJVN Green Energy Ltd. (SGEL), a wholly-owned subsidiary of SJVN Ltd., has signed a 300 MW Power Usage Agreement (PUA) with Jammu & Kashmir Power Corporation Limited (JKPCL). SJVN Limited shared this information in its stock filing dated 26th February 2024.

SJVN Green Energy will supply 300 MW solar power to J&K Power Corporation from its 1,000 MW Bikaner solar project which is being developed at a cost of Rs. 5,941 crore. This 1,000 MW Bikaner solar project is expected to be commissioned by July 2024.