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ACME Solar Holdings Ltd on Tuesday announced it has secured a 400 MW/1,800 MWh firm and dispatchable renewable energy project from SJVN. The project has been secured at a tariff of INR 6.75/unit for 25 years, ACME Solar Holdings Ltd (ACME Solar) said in a statement. The tender was issued under Tariff-Based Competitive Bidding (TBCB) guidelines for which an e-reverse auction was held on October 9, 2025 and LoA was received on November 10. The project requires supplying power of only 4 MWh per MW of capacity during any four-hour period each day within the peak demand window with 90 per cent availability on a monthly basis. The project would integrate Solar of 300 MW and Battery Energy Storage System (BESS) technology of approximately 1800 MWh to meet the supply requirements. This project will utilise night-time connectivity available with ACME Solar at high irradiation zones in Rajasthan. This will be ACME Solar's first project to use Indian made solar cells (under ALMM List-II). A
State-owned power producer SJVN Ltd on Wednesday said that the Phase-1 of the 1,000-MW Bikaner Solar power project, being set up by its arm SJVN Green Energy Ltd (SGEL), has started commercial power supply. The Phase-1 has started 241.77 MW commercial electricity supply, and the project is slated for full commissioning by September 30, 2025, a company statement said. SJVN Green Energy achieved Commercial Operation Date (COD) of 241.77 MW capacity in Phase-I of the 1,000 MW Bikaner solar power project on Wednesday, the statement said. Upon completion of the project, SGEL will supply solar power to three states -- Rajasthan, Jammu & Kashmir and Uttarakhand. The solar project, located in Bikaner district of Rajasthan, is being developed under the Central Public Sector Undertaking (CPSU) Scheme Phase II, Tranche III of the Ministry of New and Renewable Energy (MNRE), Government of India. The Project is being implemented under the Domestic Content Requirement (DCR) mode, thereby ...
Datta Power Infra on Thursday announced signing a power purchase agreement with state-owned SJVN to set up a 70 MW wind energy project. SJVN's WIND-1 initiative aims to develop 600 MW of ISTS-connected (Inter-State Transmission System) wind power projects across India, the company said in a statement. Varchasvi Gagal, Managing Director & CEO of Datta Power Infra, said: "We collaborate with SJVN Limited on this landmark 70-MW wind power project, which is a significant step toward strengthening India's renewable energy ecosystem". Datta Power Infra is focused on the end-to-end development of renewable energy projects, including building transmission lines and substations and undertaking engineering, procurement, and construction (EPC) for renewable energy projects. The company has a presence across states like Odisha, Chhattisgarh, Madhya Pradesh, Tamil Nadu, Andhra Pradesh, Karnataka, Maharashtra, and Rajasthan.
State-owned SJVN Ltd on Thursday posted a 7 per cent rise in consolidated net profit to Rs 148.75 crore in the December quarter on the back of higher revenues. The company posted a net profit of Rs 138.97 crore a year ago, as per a BSE filing. Total income rose to Rs 760.76 crore during the quarter from Rs 607.72 crore, it said. The board of directors has also approved interim dividend of Rs 1.15 per equity share for 2024-25. The record date for the interim dividend is February 21, 2025. The payment of dividend shall start from March 6, 2025 onwards.
State-owned SJVN on Tuesday said its consolidated net profit during the September quarter remained flat at Rs 439.90 crore. It had posted Rs 439.64 crore profit for the period ended September 2023, the company said in an exchange filing. The company's total income rose to Rs 1,108.43 crore from Rs 951.62 crore a year ago. Its expenses shot up to Rs 528.88 crore from Rs 398.22 crore in the year-ago period. Shimla-based SJVN is into hydro power projects.