An MoU was signed between SJVN Limited, a PSU under Ministry of Power and Indian Renewable Energy Development Agency Ltd (IREDA). MoU is to provide IREDA services to SJVN for Green Energy projects. NandLal Sharma, CMD, SJVN and Shri Pradip Kumar Das, CMD, IREDA signed the MoU. 

NandLal Sharma, Chairman & Managing Director has informed that as per MoU, IREDA will undertake Techno-Financial due diligence of Renewable Energy, Energy Efficiency & Conservation Projects for SJVN. Under the MoU, IREDA will also extend its assistance to SJVN in developing an action plan to create and acquire Renewable Energy projects for the next 5 years. Sharma said that, SJVN is committed to contribute in realizing the renewable energy target of 175 GW by 2022 set by Hon’ble Prime Minister. The enterprise is already moving in this direction and presently SJVN is developing 100 MW Dholera Solar Power Project & 100 MW Raghanseda Solar Power Project in Gujarat. He also emphasised that partnership of SJVN & IREDA will be long lasting and fruitful for both.

Pradip Kumar Das, CMD, IREDA said: “The MoU highlights IREDA’s continuous efforts for the development of Renewable Energy sector in line Hon’ble Prime Minister’s vision of Aatmanirbhar Bharat. This is a transformational opportunity for IREDA and SJVN to work together forming a perfect synergy between both the organisation. It will also serve to facilitate knowledge and technology transfer and provide consultancy & research services, which will contribute to driving sustainable development of the country. We look forward to extending our consultancy services to other PSUs as well as private organisations for the development of Renewable Energy Sector.” 

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