SJVN Ltd

COD and project details

• COD achieved for 75 MW Jamui Solar Project in Bihar via SGEL.
• Project cost ₹342 crore.
• Land area ~300 acres outright purchased near Hadhadiya, Jamui.
• Tariff fixed at ₹2.96 per unit.
• Expected generation: ~90 million units in year one.
• Total ~3,522 million units over 25 years.
• Power to be supplied to the State of Bihar.
• Direct and indirect employment: 15–20 and 50–100 respectively.
• Estimated CO2e emissions reduction: ~82,251 tonnes.
• Developed under BREDA tender; Government of Bihar.
• Supports GOI's 2030 target of 500 GW renewable energy.

COD milestone and project details

• COD achieved for 75 MW Jamui Solar Power Project in Jamui, Bihar, via SGEL.
• Estimated project cost ₹1,342 crore.
• Tariff fixed at ₹2.96 per unit.
• First-year generation: approximately 90 million units; 25-year cumulative ~3,522 million.
• Land acquired around 300 acres near Hadhadiya, Kakanchaur.
• Supply to the State of Bihar on commissioning.
• Employment impact: 15-20 direct and about 5,100 indirect jobs.
• Environmental impact: about 82,251 tonnes CO2 reductions; supports GOI renewables target.
• Developed under BREDA tender; SGEL expanding renewables footprint.

AGM notice details

• Newspaper advertisement published August 7, 2026 announcing AGM notice and remote e-voting.
• AGM scheduled for Monday, August 31, 2026.
• Notice includes details on remote e-voting and the record date.
• No governance, board, or management changes disclosed.
• Publications are part of routine regulatory compliance.

Independent Director appointment

• Independent Director Arti Kujur appointed for three-year term, effective July 15, 2026, not related to any Director.
• Not debarred from holding the office by SEBI or other authorities.

Fines for LODR non-compliance

• Nature of event: Board notes fines imposed by BSE/NSE for non-compliance with SEBI LODR.
• Total fine payable including GST: ₹575,840 (₹488,000 basic; ₹87,840 GST).
• Regulation non-compliance: Reg 17(1) board composition; Reg 18(1) audit committee.
• Period of non-compliance: Mar-2026 quarter.
• Reg 17(1) fines: ₹5,000 per day for 90 days.
• Reg 18(1) fines: ₹2,000 per day for 19 days.
• Board to place non-compliance matter before next meeting; comments to be shared with exchanges.
• Payment deadline: within 15 days from the date of the letter; remittance via SOP fine account.
• Failure to comply could trigger promoter shareholding freezing and potential Z-group transition.
• No fine for Reg 27(2) due to non-submission within period.

Dematerialisation processing and record updates

• Dematerialisation requests processed; confirmations issued to Depositories within 15 days.
• Physical certificates dematerialised were mutilated and cancelled after verification; registrations updated.
• Depository name substituted as registered owner and records updated with exchanges within 15 days.

Project details

• 1000 MW Bikaner Solar Power Project developed by SGEL in Bikaner, Rajasthan.
• Investment of ₹5,492 crore across nearly 5,000 acres.
• Largest single EPC solar project under Domestic Content Requirement at a single location.
• First-year generation expected about 2,454.84 million units.
• Project life estimate: 56,482.14 MU over 25 years.
• Estimated emissions reduction of about 2.79 billion kg CO2 over operational life.
• Power supply allocated to Rajasthan (500 MW), Uttarakhand (200 MW), and J&K (300 MW).
• Domestic content: 24.22 lakh DCR modules and ₹175 crore indigenous solar cells.
• Supports Make in India and Atmanirbhar Bharat initiatives; strengthens indigenous renewable ecosystem.
• Construction phase created over 2,000 direct and indirect jobs; ongoing regional development.

Rampur Hydro Power Station Generation Record

• Rampur Hydro Power Station (412 MW) surpassed highest-ever generation of 2098.03 million units.
• Previous record was set in FY 2019-20.
• Design energy target of 1878 million units for FY 2025-26 was achieved on December 8, 2025.
• Rampur HPS achieved design energy target fastest since commissioning.

Operational Highlights

• Rampur HPS has consistently set multiple power generation benchmarks since commissioning.