SJVN signs MoU for power trading with Sikkim Urja Limited

SJVN Limited has inked a memorandum of understanding (MOU) with Sikkim Urja Limited (SUL) to trade 180 MW hydro power from SUL’s 1,200 MW Teesta-III hydro electric project in Sikkim to distribution licensees and open access consumers.

This will be company’s first venture in the state of Sikkim. Central Electricity Regulatory Commission has granted Category-I power trading license for interstate trading of electricity to the company. It would aid the company in focusing on addressing seasonal and regional variance of demand and supply and fulfilling the power supply demand. At present, the project portfolio of the company is 55,814 MW.