SJVN to set up 10,000 MW of green energy projects in Rajasthan
POWER & RENEWABLE ENERGY

SJVN to set up 10,000 MW of green energy projects in Rajasthan

The Rajasthan government has approved signing a memorandum of understanding with SJVN for developing 10,000 MW of renewable energy projects in the state at an investment of Rs 500 billion.

Nand Lal Sharma, Chairman and Managing Director of SJVN Ltd, said the company will establish the renewable energy projects on land banks to be allocated by Rajasthan Renewable Energy Corporation Ltd. The investment will be spread over the next five to seven years.

"With this latest addition, the portfolio of the company has grown tremendously from 32,000 MW to 42,000 MW. We are partnering in meeting the twin challenge of 'Power to All' and 50 per cent energy from non-fossil fuel-based energy resources by 2030 as envisaged by the government," Sharma said.

Earlier this year, SJVN exchanged letters of intention for development of renewable energy in the state in next five years.

Recently, Rajasthan became the first state in India to reach 10 GW cumulative large-scale solar installations.

This addition in the portfolio will catapult SJVN closer to achieving the shared vision of 5,000 MW by 2023, 25000 MW by 2030 and 50,000 MW by 2040.

See also:
Bhopal issues tender for solar projects
JSW Energy to purchase renewable assets from Mytrah Energy


The Rajasthan government has approved signing a memorandum of understanding with SJVN for developing 10,000 MW of renewable energy projects in the state at an investment of Rs 500 billion. Nand Lal Sharma, Chairman and Managing Director of SJVN Ltd, said the company will establish the renewable energy projects on land banks to be allocated by Rajasthan Renewable Energy Corporation Ltd. The investment will be spread over the next five to seven years. With this latest addition, the portfolio of the company has grown tremendously from 32,000 MW to 42,000 MW. We are partnering in meeting the twin challenge of 'Power to All' and 50 per cent energy from non-fossil fuel-based energy resources by 2030 as envisaged by the government, Sharma said. Earlier this year, SJVN exchanged letters of intention for development of renewable energy in the state in next five years. Recently, Rajasthan became the first state in India to reach 10 GW cumulative large-scale solar installations. This addition in the portfolio will catapult SJVN closer to achieving the shared vision of 5,000 MW by 2023, 25000 MW by 2030 and 50,000 MW by 2040. See also: Bhopal issues tender for solar projectsJSW Energy to purchase renewable assets from Mytrah Energy

Next Story
Real Estate

Dharavi Rising

Dharavi, Asia’s largest informal settlement, stands on the cusp of a historic transformation. With an ambitious urban renewal project finally taking shape, millions of residents are looking ahead with hope. But delivering a project of this scale brings immense challenges – from land acquisition to rehabilitate ineligible residents outside Dharavi and rehabilitation to infrastructure development. It also requires balancing commercial goals with deep-rooted social impact. At the helm is SVR Srinivas, IAS, CEO & Officer on Special Duty, Dharavi Redevelopment Project (DRP), Government..

Next Story
Real Estate

MLDL Records 20.4% Growth in Pre-Sales

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced its financial results for the quarter ended March 31, 2025. In line with INDAS 115, the company recognises revenues using the completion of contract method. Key highlights FY25: Consolidated sales (Residential and IC&IC) of Rs 32.99 billion. Gross development value (GDV) additions in FY25 were Rs 1.81 trillion compared to Rs 440 billion in FY24 (~4x growth). Residential pre-sales of Rs 28.04 billion in FY25, reflecting 20.4% growth o..

Next Story
Infrastructure Transport

UCSL Delivers India's First Green Cargo Vessel to Norway

In a landmark achievement for Indian shipbuilding and the Atma Nirbhar Bharat initiative, Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), has delivered the first of six next-generation green cargo vessels to Norway-based Wilson Ship Management AS, Europe’s largest short-sea shipping operator. The 3,800 DWT vessel, named Wilson Eco 1, was handed over during a ceremony at New Mangalore Port. The delivery is part of a Rs 5.06 billion project supported by Norway’s green maritime funding programme, marking India's entry into the European eco-friendly ca..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?