Sjvn Ltd

ACME Solar bags 400 MW firm, dispatchable renewable project from SJVN

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

SJVN Green Energy begins 241.77MW power supply from Bikaner solar project

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, SJVN sign agreement for 70 MW wind project in India

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.

NLC India secures contract of 200 MW wind power project from SJVN

State-owned NLC India Ltd (NLCIL) on Saturday said it has bagged a contract from SJVN Ltd to develop and operate a 200 MW wind power project. The project was secured through an e-reverse auction at a tariff of Rs 3.74 per kWh. "The project is set to generate 526 MU of clean green power each year offsetting an equivalent amount of greenhouse gas emissions," a company statement said. The company has a target to achieve 10 GW renewable energy capacity by 2030. "Winning this 200 MW wind project further strengthens our commitment to sustainable and clean energy solutions... Our investments in renewable energy will play a crucial role in strengthening India's green economy and meeting global climate commitments," Prasanna Kumar Motupalli, Chairman & Managing Director, NLC India Ltd said. The company's renewable energy journey started with its 51 MW wind project in 2013. This winning marks a significant expansion of NLCIL's wind energy portfolio, increasing its total wind power capacity

Hydropower firm SJVN to expand its lone coal project in Bihar: Chairman

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

SJVN share price zooms 6% on inking MoU worth Rs 5,663 cr with Bihar govt

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

SJVN inks MoU with Energy Dept of Rajasthan government; stock rises 5%

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

PWD, SJVNL sign MoU worth Rs 70 cr for road widening projects in Himachal

A memorandum of understanding (MoU) worth around Rs 70 crore has been signed between the state Public Works Department (PWD) and SJVN Ltd for the widening of various road projects in Himachal Pradesh on Monday. Presiding over the MoU signing ceremony here, PWD Minister Vikramaditya Singh said that the MoU had been signed for the widening of Sunni-Luhri road, Gharat Nala-Khaira road, Shimla-Mandi road and Dhali-Devidhar road. In a statement issued here, he said that this MoU was a historic step towards improving the road infrastructure in both rural and urban areas of the state. He said that during his recent visit to Delhi, he had urged the Central government to declare five important roads including the Salapad-Tattapani-Sunni-Khaira-Luhri road, as national highways. "It would not only benefit the Karsog area but Ani, Kumarsain, Rampur and Kinnaur regions as well, " he said , adding that the road was near the China border which also makes it important from a strategic point of ...

SJVN share price rises 5% on signing two MoUs with Maharashtra government

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.

SJVN generates 8,489 MU of power as green energy in FY24: CMD Sharma

State-owned SJVN generated 8,489 million units (MUs) of green energy from its operational hydro, solar and wind power stations in 2023-24, a top company official said. SJVN CMD Sushil Sharma made the remarks at the company's 36th Annual General Meeting (AGM) for the 2023-24 financial year. "Despite facing challenging hydrological conditions due to climate change, SJVN demonstrated resilience in its operations. In FY24, the company generated 8,489 MUs from its operational hydro, solar and wind power stations," a company statement quoted Sharma as saying. The power stations set new records, including highest-ever daily generation of 39.570 million units (MU) and 10.971 MU by 1,500 MW NJHPS (Nathpa Jhakri Hydro Power Station) and 412 MW Rampur HPS, respectively, in July 2023. The highest-ever monthly generation of 1,590.072 MU was recorded from all operational projects in August 2023 and Rampur HPS also achieved the highest-ever monthly generation of 337.165 MU during the month. Duri

Ireda inks initial pacts with SJVN, GMR for 900 MW hydro project in Nepal

Indian Renewable Energy Development Agency (IREDA) on Monday said it has inked initial pacts with SJVN and GMR Energy for the development and implementation of the 900 MW Upper Karnali hydro-electric project in Nepal. This collaboration aims to enhance regional energy security through the development of renewable energy infrastructure, a statement said. Pradip Kumar Das, Chairman & Managing Director of IREDA, said, Our investment in this important hydropower project underscores IREDA's ongoing commitment to advancing renewable energy initiatives. This collaboration not only accelerates the development of Nepal's hydropower sector but also strengthens regional energy cooperation, supporting our shared goal of sustainable growth. The project holds strategic importance for IREDA, as it will help harness Nepal's vast hydropower potential while reinforcing IREDA's dedication to renewable energy development.

SJVN Q1 results: PAT grows 31% to Rs 357 cr on increase in higher income

State-owned hydropower company SJVN on Tuesday posted 31 per cent rise in consolidated net profit at Rs 357.09 crore during June quarter, on account of higher income. It had reported a net profit of Rs 271.75 crore during the April-June period of the preceding financial year, the company said in an exchange filing. The company increased its total income to Rs 958.47 crore during the quarter from Rs 744.39 crore in the year-ago period. Its expenses stood at Rs 476.39 crore as against Rs 362.60 crore in the first quarter last fiscal. SJVN further said that "its board of directors has accorded in-principle approval for monetisation through securitisation of partial future revenue/return on equity of the Nathpa Jhakri Hydro Power Station (NJHPS) of the company." The board has also given in-principal approval to the proposal for dilution of stake in the wholly-owned subsidiary, SJVN Green Energy Ltd, subject to various regulatory approvals. Besides, it has approved designating company

SJVN gains on commissioning of 90 MW Omkareshwar floating solar project

The uptick in the share price came after the company announced that it has commissioned of 90 MW Omkareshwar Floating Solar Project.

Here's why SJVN stock price rallied over 13% on July 26; find details here

The share price rose after the company announced that that Government of Mizoram has alloted 2,400 MW Darzo Lui pumped storage project (PSP) to SJVN.

Buy & sell ideas for June 03 from Anand Rathi: NHPC, SJVN, Campus

After peaking near the Rs 153 mark on May 22, 2024, SJVN experienced a significant downturn, with a decline of approximately 22 points, equating to roughly 14-15 per cent

SJVN Q4 results: Consolidated net profit jump two-fold to Rs 61.08 crore

State-owned SJVN has reported over two-fold jump in consolidated profit to Rs 61.08 crore during the March quarter, on account of exceptional gains. The company reported a consolidated net profit of Rs 17.21 crore in the year-ago period, a BSE filing showed. The financial results of the company showed an exception gains of Rs 103.84 crore during the quarter. However, total income of the company dipped to Rs 573.23 crore in the quarter from Rs 582.78 crore in the same period a year ago. The consolidated net profit of the company in 2023-24 was at Rs 911.44 crore from Rs 1,359.30 crore in year ago. Total income in the fiscal also increased to Rs 2,876.96 crore from Rs 3,282.50 crore in 2022-23. The board of directors also approved a final dividend of Rs 0.65 per equity share for the 2023-24 fiscal year, subject to the approval of shareholders in the ensuing annual general meeting. The final dividend is in addition to the interim dividend of Rs 1.15 per equity share for FY24 declar

India's first multi-purpose green hydrogen pilot project inaugurated

India's first multi-purpose green hydrogen pilot project at 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Himachal's Jhakri was inaugurated on Wednesday, according to Satluj Jal Vidyut Nigam (SJVN) officials. SJVN Chairman and Managing Director Geeta Kapur inaugurated a 20Nm3/hr electrolyzer and 25kW fuel cell capacity-based green hydrogen pilot project, a statement issued here said. The project is the nation's first multi-purpose (combined heat and power) green hydrogen generation plant with the capability to cater to the high-velocity oxygen fuel (HVOF) coating facility of NJHPS to meet its combustion fuel requirements, in addition to generating electricity through its 25kW capacity fuel cell. It will produce hydrogen gas by splitting hydrogen and oxygen from water with the help of an alkaline electrolyzer of 20Nm3/hr capacity by utilising renewable energy supplied from the 1.31 MW solar power plant of SJVN located in Wadhal, Himachal Pradesh. The pilot project is set to

SJVN Green signs long-term pact to supply 600 MW solar power to Rajasthan

A subsidiary of state-owned power producer SJVN, SJVN Green Energy, has entered into a long term pact to supply 600 MW solar electricity to Rajasthan. The Power Usage Agreement is for 500 MW Solar Power from Bikaner Solar Power Project and the Power Purchase Agreement (PPA) is for 100 MW Solar Power from Rajasthan Solar Power Project, both for a period of 25 years, a power ministry statement said. According to the statement SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN, has signed a Long Term Power Usage Agreement (PUA) for 500 MW Solar Power and a Long Term Power Purchase Agreement (PPA) for 100 MW Solar Power, with Rajasthan Urja Vikas and IT Services Limited (RUVITL) in Jaipur on March 10, 2024. Under the Agreement, SGEL would supply 500 MW of power at a tariff of Rs. 2.57 per unit, from the 1,000 MW Bikaner Solar Power Project being developed by SGEL under Phase-II (Tranche-3) of the Central Public Sector Units Scheme. This project is the country's largest

SJVN Green Energy bags 200 MW solar project in an e-reverse auction

This project is to be developed by SJVN Green Energy on a build-own-and-operate basis at the tentative development cost of Rs 1,100 crore, a company statement said

SJVN gets LoI for 200 MW solar project form Gujarat Urja Vias Nigam

State-owned SJVN Ltd on Wednesday said it has received a letter of intent from Gujarat Urja Vias Nigam Ltd to set up a 200 megawatt (MW) solar power project. The tentative cost of construction and development of this project is Rs 1,100 crore, SJVN CMD Geeta Kapur said in a company statement. "SJVN has received the Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for 200 MW Solar Power Project in GUVNL Phase XXII," it said. The ground-mounted solar project shall be developed by SJVN subsidiary SJVN Green Energy Limited (SGEL) anywhere in India through an EPC contract. The Power Purchase Agreement (PPA) shall be executed with GUVNL after the adoption of the tariff by GERC (Gujarat Electricity Regulatory Commission), it said. The project shall be commissioned in a period of 18 months from the date of signing of PPA. This PPA shall be signed between GUVNL and SGEL for 25 years, SJVN added. The project is expected to generate 508.4 million units in the first year