SJVN Ltd

State-owned SJVN on Friday posted a 10 per cent year-on-year rise in its consolidated net profit to Rs 445.44 crore in the September 2022 quarter. Its consolidated net profit was Rs 404.72 crore in the year-ago quarter, a BSE filing showed. Its total income dipped to Rs 916.25 crore in the quarter from Rs 925.56 crore a year ago.

The stock of state-owned electric utilities company traded at its highest level since February 2018.

After signing a pact for developing 10,000 MW solar projects and parks in Rajasthan, public sector SJVN is now eyeing to tap renewable energy in Punjab

The company's total income rose to Rs 1,072.23 crore in the latest June quarter from Rs 704.90 crore in the same period a year ago.

Tata Power Solar Systems on Thursday said it has won India's largest solar engineering procurement and construction (EPC) order for 1 GW project worth Rs 5,500 crore from state-owned SJVN Ltd. According to a company statement, this EPC order has been designed keeping in mind the innovative use of Make in India' cells and modules. The project will be developed under the CPSU (central public sector undertaking) scheme of Ministry of New & Renewable Energy and will be completed within 24 months. Covering 5,000 acres of land in Rajasthan, this project aims at reducing around 22,87,128 kg of carbon emission and is expected to generate around 2,500 million units annually. "Implementation of such large project reflects our commitment to the promotion of clean and green energy in the country and strengthens our position as the leading solar EPC player," Praveer Sinha, CEO & MD, Tata Power, said. Tata Power Solar has always been a pioneer in implementation and commissioning of such ...

State-run power producer SJVN Ltd on Wednesday announced that it has doubled its target of installed electricity generation capacity to 50,000 MW by 2040. Nand Lal Sharma, the Chairman & Managing Director of SJVN, in a statement said that SJVN has upgraded its Shared Vision to 5,000MW by 2023, 25,000 MW by 2030 & 50,000 MW by 2040. According to the statement this revision has resulted from addition of multiple projects in its portfolio and an already established repute of successfully operating & implementing Mega Hydro Projects in India & abroad. After hydro, the company has successfully added varied business verticals and forayed into thermal, solar, wind power generation, power transmission and power trading. Earlier, Vision of 5,000 MW installed capacity by 2023, 12,000 MW by 2025 & 25,000 MW by 2040 was formulated and set out 31st Raising Day of SJVN on 24th May, 2018. During last three years, business development of the company has gained pace and made rapid .

The detailed reports of some of these projects have already been prepared, while some projects are under the survey and investigation stage.

The consolidated net profit of the company was Rs 303.90 crore in the quarter ended on June 30, 2020, a BSE filing said.

The company's net profit was Rs 430.21 crore in the quarter ended on September 30, 2018, SJVN said

The move will help the Centre meet its disinvestment target of Rs 800 billion for FY19

total standalone income almost halves to Rs 337 cr; full-year profit down 16% to Rs 1,408 cr