SJVN to raise Rs 1,000 crore through revenue securitization of Nathpa Jhakri project

SJVN Limited’s Board of Directors has approved a proposal to raise up to Rs 1,000 crore and released its financial results for the quarter ended September 30, 2025. The decisions were taken during the board meeting held on November 10, 2025, and disclosed in line with SEBI listing regulations.

The company plans to raise the funds by securitising future revenue from the 1,500 MW Nathpa Jhakri Hydro Electric Project. The move aligns with SJVN’s targets under the National Monetisation Pipeline for the 2025–26 financial year.

For the second quarter of FY26, SJVN reported a standalone total income of Rs 1,032.68 crore and a net profit of Rs 372.28 crore. 

The board also approved the appointment of Shri Sipan Kumar Garg as Chief Financial Officer. Garg, a finance professional with more than 23 years of experience in the power sector, previously served with THDC India Limited.