SJVN's board of directors approved a plan to set ut a wholly-owned subsidiary for the development of
solar PV, wind, storage, and green hydrogen projects.
From pv magazine India
Indian state-owned hydropower producer SJVN announced it will create a new unit for the development of
renewable energy, small hydro, and green hydrogen projects.
The company’s board of directors approved the plan to set up the new division in a meeting held
recently.
The new company will be based in India and will be aimed at deploying utility scale wind and solar
projects, and hybrid projects including storage, as well as biomass, small hydro (being RE), and green
hydrogen.
The plan will now have to be approved by relevant authorities such as the government think tank NITI
Aayog and the Department of Investment and Public Asset Management under the Indian ministry of finance.
GreenSavings
