SJVN Ltd News
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.
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 advances 3% as ex-dividend date looms; details here
At the current market price, SJVN's dividend yield stands at 1.95 per cent
SJVN Q3FY25 results: Net profit rises at 7% to Rs 149 cr on higher revenue
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.
Lupin, IREDA, AWL: These 4 buzzing stocks can rally up to 28%; hint charts
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.
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
ONGC, HAL, SJVN: 5 PSU stocks that can rally up to 25% by year-end
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.
SJVN Q2FY25 results: Net profit marginally increases to Rs 439.9 cr
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.
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
