SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN Ltd, has completed the trial run of 241.77 megawatts (MW) capacity in Phase I of the Bikaner Solar Power Project. The trial run was concluded on March 31, 2025.
The 241.77 MW capacity is now operational and is scheduled to begin commercial operations on April 2, 2025. This is part of the larger 1,000 MW solar project being developed in Bikaner, Rajasthan.
The complete 1,000 MW capacity is expected to be commissioned by September 30, 2025, as per the filing. Once commissioned, SGEL will supply solar power to Rajasthan, Jammu & Kashmir, and Uttarakhand.
In March 2025, SJVN signed a memorandum of understanding with the Chhattisgarh government to develop a 1,800 MW pumped storage project at Kotpali. The investment for the project is estimated at ₹9,500 crore.
The Bikaner Solar Power Project also contributes to India’s national goal of achieving 500 GW of non-fossil fuel capacity by 2030. As per the filing, it is also aligned with SJVN’s internal targets of reaching 25,000 MW by 2030 and 50,000 MW by 2040.
As of 9:45 AM on April 2, 2025, SJVN share price was trading at ₹91.45. The stock has declined 27.2% over the past 12 months and is down 12.57% year-to-date.
With the trial run complete and commercial operations beginning soon, SGEL is on track to meet the September 2025 deadline for full project commissioning under its 1,000 MW solar initiative.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 2, 2025, 2:45 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates