Indian company SJVN signs deal to develop 7 gigawatts of renewable energy projects in Rajasthan.

SJVN Limited, a state-owned Indian company, signed a Memorandum of Understanding with Rajasthan’s Energy Department to develop 7 gigawatts of renewable energy projects, including 5 gigawatts of pumped storage and 2 gigawatts of floating solar projects. This agreement aims to boost Rajasthan’s renewable energy sector and comes after SJVN’s shares rose over 6% on the news.

November 22, 2024
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