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DVC signs PPAs with SJVN for 592 MW hydropower from Himachal projects

Damodar Valley Corporation (DVC) signed two purchase power agreements (PPAs) with SJVN Limited on April 29, 2025, to procure hydro power from the Sunni Dam and Luhri Stage I projects in Himachal Pradesh. The Sunni Dam Hydro Electric Project is a run-of-river scheme on the Satluj River near Khaira village in Shimla and Mandi districts. It will have six units totaling 382 MW (5 x 73 MW + 1 x 17 MW) and is being…

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SJVN releases Rs 2.7 billion for land compensation in Etalin hydro project

SJVN Limited has released Rs 2,699.7 million as land compensation for the Etalin Hydro Electric Power Project in Arunachal Pradesh. The 3,097 MW project is expected to cost Rs 328 billion and is targeted for commissioning in December 2033. The Etalin project involves the construction of two dams on the Dri and Talo (Tangon) rivers, along with an underground powerhouse complex. It is one of the largest proposed hydropower projects in the region. In recent…

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Himachal Pradesh Cabinet approves takeover of five hydro projects

The Himachal Pradesh Cabinet has approved the takeover of five hydro electric projects (HEPs) from SJVN Limited and NHPC Limited.  Three of the projects were previously allotted to SJVN. These include: Luhri Hydro Electric Project Stage I Located near Nirath village, this project involves a concrete gravity dam, 86 meters high, across the Satluj river. It has an installed capacity of 210 megawatts (MW) and an estimated cost of Rs 18.10 billion. Sunni Dam Hydro…

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SJVN Green completes trial run of 241.77 MW solar capacity in Bikaner

SJVN Green Energy Limited (SGEL), a subsidiary of SJVN Limited, has completed the trial run of 241.77 MW capacity under Phase-I of its 1,000 MW grid-connected solar PV power project (CPSU Tranche-III) in Bikaner, Rajasthan. The trial was completed on March 31, 2025. The entire 1,000 MW project is being developed by Tata Power Solar Systems Limited on an engineering, procurement, and construction (EPC) basis. The project cost is Rs 54.92 billion, with completion expected…

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Zelestra Energy signs PPAs with SJVN and Daimler for renewable power

Zelestra Energy (formerly Solarpack Corporación Tecnológica S.L) has signed a 25-year power purchase agreement (PPA) with SJVN Limited for setting up a 140 MW Firm and Dispatchable Renewable Energy (FDRE) power project in Solapur, Maharashtra. The agreement was finalized on March 20, 2025. The project will involve the installation of 250 MWp solar, 180 MW wind, and a 90 MWh battery energy storage system (BESS) to ensure the firm supply of 140 MW power to…

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SJVN and Bihar to develop 1,000 MW pumped storage project

SJVN Limited and the Government of Bihar (GoB) signed an MoU on December 31, 2024, to develop the 1,000 MW Hathidah-Durgawati Pumped Storage Project and other similar projects in Bihar.  The 1,000 MW (4×250 MW) Hathidah-Durgawati project will be built on the Durgawati River in Kaimur, Bihar, at an estimated cost of Rs 56,630 million.

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SJVN inks MoU with Rajasthan government for 7 GW renewable energy projects

SJVN has signed a Memorandum of Understanding (MoU) with the Energy Department of Rajasthan to advance renewable energy development in the state. As part of the MoU, SJVN will develop 5 GW of pumped storage projects and 2 GW of floating solar projects in Rajasthan. The agreement was formalized in the presence of Rajasthan’s Chief Minister, Bhajan Lal Sharma, and signed by Akhileshwar Singh, Director (Finance) SJVN, and Om Kasera, Managing Director of RRECL. SJVN…

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ACME Sun Power secures Rs 37.53 billion loan from REC

ACME Sun Power, a subsidiary of ACME Solar Holdings, has secured a Rs 37.53 billion term loan from REC Limited to develop a 320 MW firm and dispatchable renewable energy (FDRE) project in collaboration with SJVN. The project aims to provide round-the-clock power, assisting distribution companies in meeting renewable purchase and energy storage obligations. Solar capacity will be developed in Jaisalmer, Rajasthan, while wind sites are planned in Bhuj and Jam Khambhaliya, Gujarat. A power…

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Gentari, Juniper Green, and others secure SJVN’s 1.2 GW hybrid power auction

Gentari Renewables India Utilities 2, Juniper Green Energy, EG Energy Development (Enfinity Global), Sunsure Solarpark RJ One, and Adyant Enersol (Datta Infra) emerged as winners in SJVN’s Phase III auction for 1,200 MW of ISTS-connected wind-solar hybrid power projects in India.  Gentari, Juniper, EG Energy, and Adyant secured 400 MW, 300 MW, 300 MW, and 70 MW, respectively, at Rs 3.19 per kWh. Sunsure won 130 MW of its quoted 150 MW using the bucket-filling…