SJVN SHARES IN FOCUS AFTER COMPANY SIGNS PPAs WITH GUVNL FOR 658 MW HIMACHAL HYDRO PROJECTS

$SJVN has signed long-term Power Purchase Agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) for supplying green electricity from three upcoming hydroelectric projects in Himachal Pradesh with a combined capacity of 658 MW. The agreements strengthen the company’s long-term revenue visibility and renewable energy portfolio. Hydroelectric power remains one of India’s most reliable renewable energy sources, providing clean baseload electricity along with grid balancing capabilities that complement intermittent renewable sources such as solar and wind. The latest agreements further strengthen SJVN’s long-term power sale portfolio while reinforcing its position as a key contributor to India’s renewable energy expansion.