Title of the Summary

Summary of SJVN's Power Usage Agreement with Jammu & Kashmir Power Corporation Limited

• SJVN Limited, through its subsidiary SGEL, signed a Power Usage Agreement with Jammu & Kashmir Power Corporation Limited for 300 MW Solar Power from the Bikaner Solar Power Project in Rajasthan.
• The Bikaner Solar Power Project, costing Rs. 5,491 crores, is developed under the CPSU Scheme of IREDA and DCR mode, set to be operational by July 2024.
• SJVN aims to achieve 25,000 MW capacity by 2030 and 50,000 MW capacity by 2040, aligning with the Indian government's target of 50% energy from non-fossil-fuel-based resources by 2030.

Potential Exam Questions:

• What is the capacity of solar power that SJVN will supply to Jammu & Kashmir Power Corporation Limited?
• Explain the significance of the Bikaner Solar Power Project in Rajasthan in terms of its cost and development mode.
• Discuss SJVN's long-term goals in the power sector and how they align with the national energy targets.

Overview:

Understanding the Power Usage Agreement between SJVN and JKPCL is crucial for aspirants preparing for competitive exams related to the government sector. Key concepts include solar power procurement, project development, capacity targets, and alignment with national energy policies. A strong grasp of these points will be beneficial for exam preparation.