SJVN Surges 8% on Bagging LoI for a 500MW Solar Project

Tentative cost: Rs 2,700 crore for development.

Secured Letter of Intent (LoI) for a 500MW solar project from GUVNL.

SJVN's Stock Soars 8% on March 14, 2024

Company Details

Project aims for commissioning within 18 months.

Expect PPA execution post-tariff adoption by GERC.

Strategic Milestone Achieved by SJVN

Aligns with the Government of India's mission for 50% energy from non-fossil fuels by 2030.

Project to reduce 1.43 million tonnes of carbon emissions.

SJVN's Green Initiative

Open Demat