SJVN to raise Rs 1,000 crore through revenue securitization of Nathpa Jhakri project
Author: PPD Team Date: November 13, 2025
Author: PPD Team Date: November 13, 2025
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.
Author: PPD Team Date: November 22, 2024 AP Renewables Inc. (APRI) and Aboitiz Renewables Inc. (ARI), subsidiaries of Aboitiz Power Corporation, have partnered with Shandong Electric Power Engineering Consulting Institute Co. Ltd. (SDEPCI) for the Bay Battery Energy Storage System (BESS) Project in Barangay Bitin, Bay, Laguna, Philippines. The project will integrate a battery energy storage system with APRI’s Makban geothermal plant, creating the Philippines’ first hybrid geothermal and BESS system. This innovative solution aims…
Author: PPD Team Date: November 21, 2024 Sungrow announced that it has signed a strategic agreement with Fidra Energy to deliver 4.4 GWh of energy storage capacity. This is part of Fidra’s goal to establish a 10GW battery energy storage system (BESS) platform across the UK and Europe by 2030. Sungrow will supply its PowerTitan 2.0 liquid-cooled energy storage system and provide long-term maintenance services for two flagship UK projects under this partnership. The first…
Author: PPD Team Date: January 14, 2025 PPC Renewables, a subsidiary of PPC Group, has ordered 19 Nordex N149/5.X turbines, totalling 100 MW of capacity, for three wind farms in Greece. These include Rodopi in northern Greece, Livadaki in Phocis, and Timenio in Arcadia. The turbines, with 100-meter hub heights, will be maintained under a 20-year Premium Service contract. Upon completion in 2026, the wind farms will generate over 280 GWh annually, reducing CO₂ emissions…
Author: PPD Team Date: October 31, 2025 Coal India Limited (CIL) reported a net profit of Rs 42.63 billion for the second quarter of FY26, a decline of 32.08 per cent from Rs 62.75 billion in the same period last year. Total income fell 1.10 per cent to Rs 323.27 billion from Rs 326.87 billion a year earlier. Adani Power posted a net profit of Rs 29.53 billion for Q2 FY26, down 11 per cent…
Author: PPD Team Date: May 30, 2025 On May 27, 2025, the Union Government inaugurated 266 MW of cumulative solar photovoltaic (PV) power projects developed by Gujarat State Electricity Corporation Limited (GSECL). These projects are located at various substations of Gujarat Energy Transmission Corporation (GETCO) across the state. The largest of the inaugurated projects is a 210 MW grid-connected solar PV plant at GETCO substations in Babarzar, Jamnagar district. Larsen & Toubro Limited (L&T) executed…
Author: PPD Team Date: September 26, 2025 NTPC Limited is preparing to acquire nuclear reactors in large numbers as part of India’s strategy to install 100 gigawatts (GW) of nuclear power capacity by 2047. The state-run utility expects to account for nearly one-third of this planned capacity. The company is considering high-capacity reactor units in the range of 700 MW to 1,730 MW. For NTPC, the shift toward nuclear generation forms part of its effort…