Indian power producer Sutlej Jal Vidyut Nigam (BOM:533206), or SJVN, has joined hands with local group Hindustan Salt to install up to 5,000 MW of renewable energy capacity in the western state of Gujarat.
Under a memorandum of understanding signed on Tuesday, the parties will build hybrid renewable energy parks that will consist of solar and wind facilities.
They will be installed on surplus salt pan land in Kharaghoda owned by Hindustan Salt and will have a combined capacity of between 4,000 MW and 5,000 MW. Of the total, about 3,500 MW-4,200 MW will come from solar, while 600 MW-800 MW will be wind.
SJVN will take care of constructing infrastructure such as roads, a drainage system, power and water supply systems.
The company operates two hydropower stations in India and is working on a wind project in the state of Maharashtra. In addition, it is in the process of building a 5-MW solar park in Gujarat.
Article Source:
India’s SJVN, Hindustan Salt to build 5 GW of renewable energy plants; by Veselina Petrova of SeeNews Renewables – December 31st, 2014
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