SJVN Limited, a Mini Ratna, joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP) and Damodar Valley Corporation (DVC) have inked an MoU for harnessing 2000 MW floating solar energy projects in their command areas.
As per the Memorandum of Understanding, 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, a statement said.
This initiative is in line with the renewable energy target set by the Center and it would enable SJVN in expanding its footprint across India, said the SJVN Chairman & Managing Director Nand Lal Sharma.
Under the MoU, SJVN and DVC will explore the formation of a joint venture for development of renewable energy projects at different locations within their command areas, he added.
