State-run SJVN Ltd is looking to develop 10,000 MW solar energy projects entailing investment of Rs 50,000 crore within the next five years in Rajasthan. "SJVN has submitted its intention to develop 10,000 MW solar energy projects in next five years in Rajasthan," a corporation statement said.

According to the statement, the govt. of Rajasthan has accepted the proposal of SJVN and an MoU during this regard are going to be signed shortly.

Letter of Intention (LOI) by SJVN and further Acceptance Letter were exchanged within the august presence of Chief Minister of Rajasthan Ashok Gehlot, by SJVN Chairman & manager Nand Lal Sharma and extra Chief Secretary, Power, Government of Rajasthan & CMD RRECL Subodh Agarwal in Jaipur on Tuesday, it stated.