SJVN Signs PPAs with GUVNL for 662 MW Green Power from Himachal Hydro Projects
SJVN Limited signed Power Purchase Agreements with GUVNL for 662 MW of green power from its upcoming hydro projects in Himachal Pradesh: Dhaulasidh (66 MW), Luhri Stage-I (210 MW), and Sunni Dam (382 MW). The agreements were signed on June 29, 2026.
The PPAs secure off-take for a substantial capacity of hydro power projects, providing revenue visibility and reinforcing SJVN's position in the renewable energy sector. This is a medium impact as it relates to future projects rather than immediate operational results.
The signing of Power Purchase Agreements for a significant capacity of green power from hydro projects is a positive development for SJVN, strengthening its long-term revenue streams and contributing to India's renewable energy goals.
SJVN Limited has signed Power Purchase Agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) for the supply of green power from its upcoming hydro electric projects located in Himachal Pradesh.
The projects include the 66 MW Dhaulasidh HEP, the 210 MW Luhri Stage-I HEP, and the 382 MW Sunni Dam HEP, totaling 662 MW.
The agreements were signed on June 29, 2026, in Vadodara, Gujarat, by Sh. Aman Katoch, General Manager (C&SO) for SJVN, and Sh. Sanjay Mathur, General Manager (Commerce) for GUVNL. Senior officials from both organizations were present during the signing ceremony.
These PPAs enhance SJVN's long-term power sale arrangements with major power utilities nationwide and underscore its role in India's energy transition towards a sustainable future.
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SJVN Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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