SJVN Signs Power Purchase Agreements with GUVNL from Key Himachal Pradesh Hydro Projects
SJVN Limited has signed Power Purchase Agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) for the supply of green power generated from its forthcoming hydro electric projects located in Himachal Pradesh. This strategic move significantly strengthens SJVN's position in the renewable energy sector.The agreements cover several major hydropower initiatives, including the Dhaulasidh HEP, Luhri Stage-I HEP, and Sunni Dam HEP. The designated capacity for these upcoming projects is detailed below:
| Project Name | Capacity (MW) |
|---|---|
| 66 MW Dhaulasidh HEP | 66 MW |
| 210 MW Luhri Stage-I HEP | 210 MW |
| 382 MW Sunni Dam HEP | 382 MW |
The PPAs were signed in Vadodara, Gujarat. The signing ceremony was attended by senior representatives from both SJVN and GUVNL. Aman Katoch, General Manager (C&SO) of SJVN, and Sanjay Mathur, General Manager (Commerce) of GUVNL, represented their respective organizations during the event.
These long-term power sale arrangements underscore SJVN's growing portfolio with major power utilities nationwide. The agreements reinforce the company’s commitment as a key contributor to India's transition towards a cleaner, greener, and more resilient energy future.
SJVN Stock Price Movement
SJVN Limited shares today edged higher to settle at ₹71.79, gaining 0.01% in the close. The stock finished trading with a volume of 3.05 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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