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SJVN Ltd Signs MoU with Bihar Government for 1000 MW Hathidah Durgawati Pumped Storage Project
Contract Type
partnership
BiharEnergyRenewable EnergyBiomass EnergyDescription
Shares of SJVN Ltd soared 5% after the company announced a Memorandum of Understanding (MoU) with the Government of Bihar for the development of a 1000 MW Hathidah Durgawati Pumped Storage Project (PSP). This project marks a significant step for SJVN Ltd in its bid to expand its portfolio of renewable energy projects, contributing to India's growing power demand and aligning with the government's green energy goals.