Haryana Approves 800 MW Renewable Energy Purchase from SJVN

14 Jun 2024 CW Team

SJVN Limited, a public sector undertaking involved in hydroelectric and renewable power generation, will supply the energy under a long-term power purchase agreement (PPA). This procurement will significantly boost Haryana?s renewable energy capacity, contributing to the state?s efforts to meet its renewable energy targets.

The approved energy will come from SJVN's solar and wind projects, ensuring a diverse mix of renewable sources. This initiative not only supports the state?s energy security but also promotes sustainable development by minimising reliance on fossil fuels.

Haryana?s move to secure a substantial amount of renewable energy from SJVN is part of a broader strategy to transition towards a cleaner energy mix. The state aims to enhance its renewable energy share, in line with national objectives to combat climate change and promote environmental sustainability.

The agreement is expected to provide a reliable supply of green energy, stabilising electricity costs and reducing greenhouse gas emissions. This partnership between Haryana and SJVN underscores the importance of collaborative efforts in driving the renewable energy agenda forward.

SJVN's extensive experience and ongoing projects in the renewable sector position it as a reliable partner for Haryana. The 800 MW procurement is anticipated to bolster SJVN's renewable energy portfolio and support its expansion plans.

Haryana?s proactive approach in securing renewable energy supplies demonstrates its commitment to a sustainable future. The successful implementation of this agreement will play a crucial role in achieving the state?s renewable energy goals and fostering a cleaner environment for future generations.

The Haryana Electricity Regulatory Commission (HERC) has approved the purchase of 800 MW of renewable energy from SJVN Limited, a major step towards enhancing the state?s green energy portfolio. This decision aligns with Haryana's commitment to increasing its renewable energy consumption and reducing its carbon footprint. SJVN Limited, a public sector undertaking involved in hydroelectric and renewable power generation, will supply the energy under a long-term power purchase agreement (PPA). This procurement will significantly boost Haryana?s renewable energy capacity, contributing to the state?s efforts to meet its renewable energy targets. The approved energy will come from SJVN's solar and wind projects, ensuring a diverse mix of renewable sources. This initiative not only supports the state?s energy security but also promotes sustainable development by minimising reliance on fossil fuels. Haryana?s move to secure a substantial amount of renewable energy from SJVN is part of a broader strategy to transition towards a cleaner energy mix. The state aims to enhance its renewable energy share, in line with national objectives to combat climate change and promote environmental sustainability. The agreement is expected to provide a reliable supply of green energy, stabilising electricity costs and reducing greenhouse gas emissions. This partnership between Haryana and SJVN underscores the importance of collaborative efforts in driving the renewable energy agenda forward. SJVN's extensive experience and ongoing projects in the renewable sector position it as a reliable partner for Haryana. The 800 MW procurement is anticipated to bolster SJVN's renewable energy portfolio and support its expansion plans. Haryana?s proactive approach in securing renewable energy supplies demonstrates its commitment to a sustainable future. The successful implementation of this agreement will play a crucial role in achieving the state?s renewable energy goals and fostering a cleaner environment for future generations.

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