A) Capex & Commissioning Guidance a) FY25 Capex: Rs 7,800 crore b) FY26 Capex Target: Rs 8,300 crore c) FY27 Capex Target: Rs 12,000 crore B) Growth & Strategic Developments a) Total operational capacity: 2,786.5 MW (13 projects + 2 transmission lines) b) Projects under construction: 4,601 MW (4 hydro, 1 thermal, 11 solar) c) PM Surya Ghar Muft Bijli Yojana: d) SJVN selected as implementing agency e) Also responsible for rooftop solar on govt. buildings (18 ministries) f) REIA (Renewable Energy Implementing Agency) status**: g) 18.6 GW tenders floated (vs target of 20.8 GW) h)13.7 GW LoAs issued i) 5.2 GW PPAs signed (3 GW in FY25, 2.2 GW in FY24) j) Rs 7 /MWh trading margin → Projected Rs 200 Cr recurring EBITDA by FY27 C) Storage Projects a) In early development in Maharashtra, Chhattisgarh, Rajasthan, Mizoram b) DPR completion expected by mid-2027 c) Construction likely from late FY27, with 4–5 year build cycle

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