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SJVN Green Energy & GRIDCO form a JV to develop hydro and solar projects

Friday, 02 Dec 2022
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SJVN Green Energy and Grid Corporation of Odisha (GRIDCO) have signed a Memorandum of Understanding (MoU) to form a joint venture to create a 1,000 MW hydropower project and a 2,000 MW solar project with a total investment of Rs 20,000 crore.

At present, SJVN owns around 42,000 MW of generation capacity and around 97 percent of this is based on non-fossil fuel sources. the company is currently involved in around 69 projects in India and abroad.

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