iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

SJVN secures solar power project worth Rs 1200 crore from MSEDCL; stock zooms ~6%

5 Dec 2022 , 09:15 AM

SJVN

SJVN Limited informed that it secured a 200 MW Solar Power Project via its wholly owned subsidiary SJVN Green Energy Limited. The order received is on Build Own and Operate (BOO) basis from Maharashtra State Electricity Distribution Company Limited (MSEDCL) through e-RA conducted on December 2, 2022.

The company stated that the tentative cost of this project is around Rs 1,200 crore. SJVN expects to generate 455.52 Million Units (MUs)in the 1st Year and an estimated cumulative energy generation over a period of 25 years would be about 10,480.82 MUs.

With the commissioning of this project, the company expects to reduce 5,13,560 tonnes of carbon emission and would contribute to the Government of India’s mission of reduction in carbon emission.

The Company’s Renewable Portfolio currently stands at 4320.5 MW, with 179.5 MW in operation, 1385 MW under construction, and 2756 in various stages of implementation.

At around 9.17 AM, SJVN was trading at Rs41.70 up by Rs2.45 or 6.24% from its previous closing of Rs39.25 on the BSE. 

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Investment News
  • SJVN 200 MW order
  • SJVN Assam
  • SJVN Investment
  • SJVN MoU
  • SJVN news
  • SJVN order
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.