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
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SJVN share price lost 5.1 per cent in trade on Friday, May 30, 2025, after the company posted a loss in Q4 compared to profit a year ago
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.
Stocks to Watch, Feb 21, 2025: Here is a list of stocks that could be buzzing in trade today
The company is looking to add another 800 megawatts at its Buxar project in the state of Bihar, in addition to the 1,320 megawatts being built, Chaudhary said in an interview
At the current market price, SJVN's dividend yield stands at 1.95 per cent
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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.
Q3FY25 company results, February 13: United Breweries, Ipca, and SVJN will be among 389 firms releasing their earnings report for the Oct-Dec 2024 quarter
In 2024, solar power spearheaded this growth with addition of 24.54 GW, registering 33.47 per cent year-on-year (Y-o-Y) rise in its cumulative installed capacity to 97.86 GW in 2024
IREDA stock is seen attempting a breakout on the daily scale, while SJVN is testing support at the key monthly moving average, which the stock has held since August 2020; shows the technical charts.
The surge in SJVN share price came after it signed a MoU with Govt of Bihar in Patna for development of 1000 MW Hathidah Durgawati Pumped Storage Project and other PSPs in Bihar
The previous session closed out 2024 with mixed sentiments. Despite a strong recovery from intraday lows, the benchmarks ended in the red, weighed down by losses in IT & select banking shares
The share price of SJVN soared after the company announced that it has inked a MoU with the Energy Department, Government of Rajasthan to spearhead the development of renewable energy in the state
PSU stocks such as ONGC, HAL, Oil India, SJVN and BEL have retraced up to 50% of its previous rally; tech charts indicate that as long as the recent lows are protected a bounce back seems likely.
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.
PSU stocks were under pressure amid wider weakness in the market, with the BSE Sensex and Nifty 50 declining nearly 1% each
The total estimated investment is around Rs 48,000 crore, which is expected to create approximately 8,400 direct and indirect jobs, SJVN said in a statement.