SJVN

April 1 (Reuters) - SJVN Ltd SJVN.NS:

• SJVN LTD - GENERATED 13302 MILLION UNITS OF ENERGY DURING FY26

Source text: [ID:]

Further company coverage: SJVN.NS

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March 12 (Reuters) - ACME Solar Holdings Ltd ACMO.NS:

• ACME SOLAR HOLDINGS LTD - SIGNS TWO PPAS WITH SJVN FOR 450 MW/1,800 MWH CAPACITY

Source text: ID:nBSE9ZtJzY

Further company coverage: ACMO.NS

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March 9 (Reuters) - SJVN Ltd SJVN.NS:

• NATHPA JHAKRI HYDRO POWER STATION CROSSES 150 BILLION UNITS GENERATION MILESTONE

Source text: ID:nBSE2PgSHy

Further company coverage: SJVN.NS

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** Shares of SJVN SJVN.NS rises 4.6% to 76.4 rupees, their biggest intraday pct-gain in over a month.

** Power generation co's Q3 consol net profit climbs 50.6% Y/Y, helped by higher demand for power; rev up 61%

** Stock up 0.8% YTD

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))

** Shares of Indian solar panel, cell makers jump following India and the United States long-awaited trade deal

** Shares of Waaree Energies Ltd WAAN.NS climbs 13.6%, Premier Energies PEME.NS up 9.2%, Saatvik Green Energy SAAT.NS rise 6.3%

** Adani Enterprises Ltd ADEL.NS up 11.2% and Vikram Solar Ltd VIKO.NS gains 8.2%

** "The U.S. decision to reduce tariffs on Indian goods from 25% to 18%, along with the elimination of the additional punitive levy, represents a strategic turning point for the solar sector, rather than just a routine policy change, said Prashant Mathur, CEO of Saatvik Green Energy

** Waaree, Adani, Vikram Solar are top Indian exporters to US

(Reporting by Brijesh Patel in Bengaluru)

((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))

NEW DELHI, Jan 27 (Reuters) - India will stop setting annual targets for clean energy tenders after missing last year's goal and building up a large backlog of projects without buyers, a senior government official said.

Indian developers are already sitting on the rights to build around 43 gigawatts of renewable power for which they have yet to find customers. State utilities have delayed buying clean power, expecting prices to fall and citing uncertainty over power delivery due to delays in transmission infrastructure.

India's clean energy ministry has asked renewable implementation agencies to find buyers for the power from those tenders, Reuters reported in November.

"As per their (implementation agencies') initial evaluation, they are still confident that they will be able to sell quite a lot of power out of that (backlog)," Santosh Kumar Sarangi, a top official at the Ministry of New and Renewable Energy, told Reuters in an interview.

Sarangi said less than half of the unsold capacity may be cancelled.

Against this backdrop, the government plans to change how clean energy tenders are issued, moving away from fixed annual targets. Instead, new tenders will be floated only after assessing demand from state power utilities, Sarangi said.

India had initially planned to auction about 50 GW of new clean energy capacity last year but ended up tendering only around 15 GW, after auctioning about 50 GW each in 2023 and 2024.

Despite the slowdown, Sarangi said India remains on track to meet its target of 500 GW of non-fossil fuel power capacity by 2030. The country added about 38 GW of clean energy capacity in 2025.

"We are not looking at a figure because we have pending bids that need to be finalised," Sarangi said, adding that agencies are engaging with state governments to assess demand.

The Ministry of New and Renewable Energy may also consider changes to the structure of renewable energy implementation agencies, he said.

Power producers NTPC NTPC.NS, NHPC NHPC.NS and SJVN SJVN.NS, which also act as federal renewable tendering agencies, could be relieved of that role, potentially leaving the Solar Energy Corp of India (SECI) as the main agency handling clean energy tenders.

The power producers have asked the government to relieve them from their role as implementation agencies and the government is evaluating the requests, the official said.

Among these agencies, NHPC has the largest volume of unsold tenders at about 15.8 GW, while SECI has the smallest at around 3.9 GW, according to a power ministry document reviewed by Reuters.

(Reporting by Sethuraman NR; editing by Mayank Bhardwaj)

((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))

Nov 4 (Reuters) - SJVN SJVN.NS:

• MINISTRY EXTENDS CMD CHARGE TO BHUPENDER GUPTA FOR THREE MONTHS

Source text: ID:nBSE3g9LQ0

Further company coverage: SJVN.NS

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Sept 30 (Reuters) - SJVN Ltd SJVN.NS:

• SJVN LTD - SJVN GREEN ENERGY ACHIEVES 128.88 MW OPERATION IN BIKANER

Source text: ID:nNSE8wVXpZ

Further company coverage: SJVN.NS

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** Shares of SJVN SJVN.NS rises 3.2% to 100.5 rupees, their highest in a month

** Power generator connects first 660 MW unit of 1320 MW Buxar power project to national grid, marking a key step toward commercial operations

** Project to generate 9,828.72 mln units of electricity annually

** More than 7.7 mln shares traded, nearly 1.5x the 30-day avg

** Stock down 4.4% YTD

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))

June 30 (Reuters) - SJVN Ltd SJVN.NS:

• SJVN LTD - UNIT ACHIEVES COMMERCIAL OPERATION OF 100.25 MW

Source text: ID:nBSE36Z9Pl

Further company coverage: SJVN.NS

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June 23 (Reuters) - Adani Total Gas Ltd ADAG.NS:

• NSE: TO EXCLUDE F&O CONTRACTS ON 8 SECURITIES INCLUDING ADANI TOTAL GAS, JINDAL STAINLESS FROM AUG 29 ON EXPIRY OF EXISTING CONTRACTS

Source text: [https://tinyurl.com/5hdtsnv6]

Further company coverage: ADAG.NS

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June 16 (Reuters) - Nepal has begun exporting 40 megawatts (MW) of electricity to Bangladesh through India's power grid in its first move into the international energy market and positioning India as a key facilitator of regional electricity trading.

Nepal is also exporting 80 MW to Bihar state in India's east, Nepal's Energy Minister Dipak Khadka said on X on Sunday, adding that power exports had unlocked a 5,000 MW export market for the Himalayan nation.

The power transaction follows a tripartite agreement signed in October between Nepal Electricity Authority, Bangladesh Power Development Board, and India's NTPC Vidyut Vyapar Nigam.

India exports electricity to Nepal, Bangladesh and Myanmar, while importing power from Nepal and Bhutan and is discussing plans to integrate its grid with Sri Lanka.

The development comes as Nepal rapidly expands its hydropower capacity, with Indian hydro power producer SJVN SJVN.NS currently developing the 900 MW Arun-3 project in Nepal's Sankhuwasabha district.

In April, India's Power Grid Corporation PGRD.NS and Nepal Electricity Authority agreed to implement high-capacity cross-border transmission infrastructure to facilitate increased power trading.

Nepal, which has installed capacity of more than 3,000 MW, with 95% hydro, has also been seeking Indian investment to boost its hydroelectric output and export surplus power to New Delhi.

(Reporting by Sethuraman NR; Editing by Kate Mayberry)

((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))

** SJVN SJVN.NS falls 6% to two-week low of 95.84 rupees

** Power generator poised for biggest intraday pct drop since Jan. 13

** Co's Q4 loss before exceptional items at 1.46 billion rupees (nearly $17 million); total income down 4.2% y/y, expenses up 15%

** FY2024 Q4 - 324.5 million rupees loss before exceptional items

** Co statement did not mention whether exceptional item will impact future quarters

** Trading volume at nearly 21 million shares, around 2.6X the six-month average daily volume

** YTD, stock down 8%

($1 = 85.5650 Indian rupees)

(Reporting by Vivek Kumar M)

((VivekKumar.M@thomsonreuters.com;))

May 29 (Reuters) - SJVN Ltd SJVN.NS:

• SJVN -APPROVES RAISING OF FUNDS VIA SECURITISATION OF PARTIAL FUTURE UNENCUMBERED FREE CASH FLOW OF NJHPS

Source text: [ID:]

Further company coverage: SJVN.NS

((Reuters.Briefs@thomsonreuters.com;;))

** Shares of SJVN Ltd SJVN.NS rise as much as 2.1% to 93.2 rupees
** Power generation co says its unit completes trial run of 241.77 MW capacity in phase-I Bikaner solar power project
** Adds, it will commence commercial operation on April 2
** Stock on track to snap two days of losses
** More than 5.5 million shares traded as of 2:38 p.m. IST, more than their 30-day moving avg of over 7.8 mln shares
** SJVN last up 1.9%, cutting YTD losses to 12.6%

(Reporting by Meenakshi Maidas in Bengaluru)

((meenakshi.maidas@thomsonreuters.com))

April 1 (Reuters) - SJVN Ltd SJVN.NS:

• SJVN LTD - SGEL COMPLETES TRIAL RUN OF 241.77 MW BIKANER SOLAR PROJECT

• SJVN LTD - AIMS TO BECOME 25,000 MW COMPANY BY 2030, 50,000 MW BY 2040

Source text: ID:nNSE1gjjR8

Further company coverage: SJVN.NS

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March 10 (Reuters) - SJVN Ltd SJVN.NS:

• SIGNS MOU FOR 1800 MW KOTPALI PSP IN CHHATTISGARH

• TOTAL INVESTMENT FOR KOTPALI PSP PROJECT ESTIMATED AT 95 BILLION RUPEES

Source text: ID:nBSE2NyTQF

Further company coverage: SJVN.NS

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Feb 13 (Reuters) - SJVN Ltd SJVN.NS:

• SJVN LTD - DIVIDEND 1.15 RUPEES PER SHARE

Source text: ID:nNSE253N7k

Further company coverage: SJVN.NS

((reuters.briefs@thomsonreuters.com;))

Jan 17 (Reuters) -

• INDIA GOVT: FINALIZED JOINT VENTURE AGREEMENT WITH SJVN LTD., GMR ENERGY LTD., NEPAL ELECTRICITY AUTHORITY FOR 900 MW HYDRO-ELECTRIC PROJECT IN NEPAL

Further company coverage: SJVN.NS

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** Shares of SJVN SJVN.NS rise 2.5% to 106.7 rupees

** Power generation co signs deal with state government for 1,000 MW pumped storage projects, creating employment for 5,000 and investment of about 100 bln rupees ($1.17 bln)

** Stock rose ~15% in 2024, marking its fourth straight year of gains

** Four analysts covering SJVN, on avg, rate it "hold" -LSEG data

($1 = 85.6600 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))

Dec 27 (Reuters) - SJVN Ltd SJVN.NS:

• SJVN LTD - APPOINTS SANJAY KUMAR AS CFO

Source text: ID:nNSE7WlcZR

Further company coverage: SJVN.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of SJVN SJVN.NS rise 5.3% to 108.88 rupees

** Power generation company signed memorandum of understanding with Rajasthan government to develop 5 GW pumped storage projects and 2 GW floating solar projects in the state

** Trading vols at 1.8x 30-day average

** SJVN up ~19% YTD

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

Nov 21 (Reuters) - SJVN Ltd SJVN.NS:

• SJVN - SIGNS MOU WITH RAJASTHAN GOVERNMENT FOR RENEWABLE ENERGY DEVELOPMENT

• SJVN - TO DEVELOP 5 GW PUMPED STORAGE AND 2 GW FLOATING SOLAR PROJECTS

Source text: ID:nBSE9FnNSS

Further company coverage: SJVN.NS

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Nov 5 (Reuters) - SJVN Ltd SJVN.NS:

• SJVN SEPT-QUARTER CONSOL NET PROFIT 4.41 BILLION RUPEES

• SJVN SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.26 BILLION RUPEES

Source text: ID:nBSEblwsyP

Further company coverage: SJVN.NS

((Reuters.Briefs@thomsonreuters.com;;))

By Sethuraman N R

NEW DELHI, Sept 28 (Reuters) - India is seeking bids to supply 6,000 megawatts (MW) of electricity from renewable energy power projects for assured peak-hour supply with storage, according to a tender issued by state-run SJVN SJVN.NS.

India is looking to connect a record 35 gigawatts (GW) of solar and wind energy capacity to its grid during the year ending March 2025, with a target of increasing its non-fossil power capacity to 500 GW.

SJVN seeks power from an inter-state transmission system that carries power across state boundaries nationwide, Saturday's tender advertisement in the Times of India newspaper showed.

India added 10 GW of renewable capacity in the period from April to August, the first five months of this fiscal year, taking its total to about 153 GW, government data showed.

Earlier, Bhupinder Singh Bhalla, the top bureaucrat at the ministry for new and renewable energy told Reuters the country expected a lot of projects for battery-linked storage.

(Reporting by Sethuraman NR; Editing by Clarence Fernandez)

((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))

** Shares of SJVN rise as much as 3.1% to 129.8 rupees

** Power generation firm signs two memorandums of understandings with govt of western India's Maharashtra state for projects with total estimated investment of ~480 bln rupees ($5.74 billion)

** Avg rating of the 5 analysts is "hold" and median PT is 85 rupees, 34% lower than current price - LSEG data

** Stock up 2.7%, extending YTD gains to ~42%, after rising for three consecutive years

($1 = 83.6800 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com ;))

** Shares of electric utility firm SJVN SJVN.NS rise 7.6% to 147.5 rupees

** Stock among top gainers on Nifty Midcap 150 index .NIMI150, which is down 0.5%

** State-run firm reported a 31% rise in Q1 consolidated net profit, rev from ops up 29% Y/Y

** More than 3.3 mln shares change hands, 1.2x its 30-day avg

** Five analysts covering the stock on avg have a "hold" rating; median PT is 75 rupees - LSEG data

** Stock up 61% so far this year vs a 23% gain in Midcap 150

(Reporting by Ashna Teresa Britto in Bengaluru)

((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))

** Shares of electric utility firm SJVN SJVN.NS jump as much as 13.2%, last up 8.1%

** Stock opened with a gap up; its last close was 141.04 rupees and opened at 156.53 rupees

** State-run firm said it got work order worth 139.48 bln rupees ($1.67 bln) from Mizoram government

** Order for a pumped storage project with installed capacity of 2,400 megawatts

** Trading vols 3x 30-day avg of 23.9 mln shares

** Stock has jumped over 68% YTD

($1 = 83.7150 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

((Hritam.Mukherjee@thomsonreuters.com;))

July 25 (Reuters) - SJVN Ltd SJVN.NS:

• SJVN LTD - GOVERNMENT OF MIZORAM ALLOTS 2400 MW DARZO LUI PSP TO SJVN

• SJVN LTD - ESTIMATED COST OF PROJECT 139.48 BILLION RUPEES

Further company coverage: SJVN.NS

((reuters.briefs@thomsonreuters.com;))

By Sarita Chaganti Singh

NEW DELHI, July 9 (Reuters) - India plans to spend $1 billion to expedite the construction of 12 hydropower stations in the northeastern Himalayan state of Arunachal Pradesh, two government sources said, a move that could raise tensions with China that lays claims to the region.

The federal finance ministry under Nirmala Sitharaman recently approved up to 7.5 billion rupees ($89.85 million) in financial assistance to each hydropower project in the northeastern region, the sources said.

Under the scheme, about 90 billion rupees will likely be allotted for the 12 hydropower projects in Arunachal Pradesh, said the sources, who have direct knowledge of the matter.

The scheme is likely to support northeastern states and help them finance equity holdings in the projects they host. Having state governments on board generally helps in expediting regulatory clearances, locals rehabilitation and negotiations on sharing electricity with the host state.

The plans for the hydropower stations are expected to be announced in the 2024/2025 federal budget that Prime Minister Narendra Modi's government will unveil on July 23, the sources said, declining to be named as the information remained confidential.

The Indian finance and power ministries and China's foreign ministry did not immediately respond to Reuters' requests for comment.

Last August, the government awarded contracts to state-run firms NHPC NHPC.NS, SJVNL SJVN.NS and NEEPCO for the construction of the 11.5-gigawatt-capacity plants entailing an estimated investment of $11 billion, as part of a broader project to develop infrastructure in the border region.

None of the companies responded to a request for comments.

These power plants were earlier enlisted with private sector firms, but remained non-starters due to various reasons.

India has built less than 15-gigawatt hydropower plants in the last 20 years, while installations of new coal and other renewable sources of energy were nearly 10 times of the new hydropower projects.

India and China share a 2,500 km (1553.43 mile) largely un-demarcated border, over which they fought a war in 1962.

India says Arunachal Pradesh is an integral part of the country, but China claims it is a part of southern Tibet, and has objected to other Indian infrastructure projects there.

The Indian government is pushing projects in the eastern region following reports that Beijing could construct dams on a section of the Brahmaputra river, known as the Yarlung Tsangbo in China, that flows from Tibet through Arunachal Pradesh.

India is concerned that Chinese projects in the region could trigger flash floods or create water scarcity.

Both countries are working to improve infrastructure along their border regions since clashes in western Himalayas left 20 Indian and at least four Chinese troops dead in 2020.

Last week, India Foreign Minister Subrahmanyam Jaishankar met his Chinese counterpart Wang Yi in Kazakhstan where the two agreed to step up talks to resolve issues along their border.

($1 = 83.4710 Indian rupees)

(Additional reporting by Krishn Kaushik in New Delhi; Editing by Miral Fahmy and Sherry Jacob-Phillips)

((Sarita.ChagantiSingh@thomsonreuters.com;))