SJVN signs MoU to develop 1,000 MW floating solar projects

A memorandum of understanding (MoU) has been signed between the Satluj Jal Vidyut Nigams (SJVN) subsidiary Green Energy Limited (SGEL) and Assam Power Distribution Company Limited (APDCL) at Guwahati for developing 1,000 MW floating solar power projects in Assam by incorporating a joint venture company.

An of Rs 6,000 crore will be made by the SJVN for developing the project. During the construction and operation stages, approximately 4,000 persons will get direct and indirect EMPLOYMENT. Carbon emissions reduction to the tune of 1,07,383 tonne for first year and 24,70,732 tonne for complete life span will be achieved from this project.

Assam has the floating solar power generation potential of around 3,000 MW, out of which SJVN would develop 1,000 MW floating solar projects across the state, spread over 4,500 hectares of water area.