SJVN's Achievements and Ambitious Plans for Sustainable Energy Future
Key Ideas
- SJVN has commissioned several solar and hydro power stations in various states, including India's First Multi-Purpose Green Hydrogen Pilot Project.
- The company showcased resilience in operations despite challenging hydrological conditions and set new records for power generation.
- SJVN achieved significant financial success with a surge in stock performance by 426%, reaching an all-time high in market capitalization.
- The future growth plan includes ambitious targets of adding 25,000 MW by 2030 and 50,000 MW by 2040, focusing on hydro and renewable energy solutions.
At the 36th Annual General Meeting of SJVN in Shimla, Sushil Sharma, the CMD, disclosed the commissioning of several solar and hydro power stations across states like Uttar Pradesh and Gujarat. SJVN also marked a milestone by introducing India's First Multi-Purpose Green Hydrogen Pilot Project. Despite facing climate change challenges, SJVN continued its operations successfully and set new records for power generation. The company's financial performance was robust with a surge in stock performance and substantial revenue and profit figures. SJVN expanded its project portfolio significantly and received accolades for its CSR activities and corporate governance excellence. Looking ahead, SJVN has set ambitious targets of capacity addition, focusing on sustainable energy solutions like hydro and renewables.