SJVN receives LoI from UPCL for 200 MW solar project

SJVN Limited has received a letter of intent for purchase of 200 MW solar power from Uttarakhand Power Corporation Limited (UPCL). UPCL will purchase 200 MW power at a tariff of Rs 2.57 per unit from SJVN’s 1,000 MW Bikaner solar project. The solar project is being developed through SJVN Green Energy Limited, a wholly owned subsidiary of the company in Rajasthan under central public sector undertaling scheme, with viability gap funding support from the Government of India.