SJVN signs PPAs with GUVNL for Supply of Green Power from Hydro Electric Projects in Himachal Pradesh

Sh. Bhupender Gupta, CMD, SJVN, informed that SJVN has signed Power Purchase Agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) for the supply of power from its upcoming hydro electric projects in Himachal Pradesh namely 66 MW Dhaulasidh HEP, 210 MW Luhri Stage-I HEP and 382 MW Sunni Dam HEP.

The Power Purchase Agreements were signed today at Vadodara, Gujarat, by Sh. Aman Katoch, General Manager (C&SO), SJVN and Sh. Sanjay Mathur, General Manager (Commerce), GUVNL. The signing ceremony was attended by senior officials from both organisations.

These agreements strengthen SJVN's portfolio of long-term power sale arrangements with leading power utilities across the country and reinforce its position as a key contributor to India's transition towards a cleaner, greener and more resilient energy future.

Shares of SJVN Limited was last trading in BSE at Rs. 71.90 as compared to the previous close of Rs. 72.10. The total number of shares traded during the day was 334822 in over 3181 trades.

The stock hit an intraday high of Rs. 72.80 and intraday low of 71.44. The net turnover during the day was Rs. 24068526.00.

Source : Equity Bulls

Keywords

SJVN INE002L01015 PPAs GUVNL