SJVN’s 36th Annual General Meeting Highlights Significant Growth and Achievements

SJVN’s 36th Annual General Meeting Highlights Significant Growth and Achievements

SJVN Limited, a leading hydroelectric power generation company, successfully concluded its 36th Annual General Meeting (AGM) on September 19, 2024. During the AGM, the company’s Chairman and Managing Director, Sh. Sushil Sharma, highlighted SJVN’s remarkable achievements, operational milestones, and ambitious growth plans for the future.

Despite facing challenges posed by climate change and fluctuating hydrological conditions, SJVN demonstrated exceptional resilience in its operations. In the financial year 2023-24, the company generated a substantial amount of electricity from its hydro, solar, and wind power stations. Notably, SJVN’s power stations set new records for daily and monthly generation, underscoring their efficient and reliable performance.

SJVN’s financial performance was equally impressive, with significant increases in revenue and profit. The company’s stock value also witnessed a substantial surge, reflecting investor confidence in its growth prospects. Furthermore, SJVN successfully commissioned several new projects, including hydroelectric, solar, and green hydrogen pilot plants, solidifying its position as a pioneer in clean energy solutions.

Looking ahead, SJVN has set ambitious targets for capacity addition, aiming to reach 25,000 MW by 2030 and 50,000 MW by 2040. The company’s focus on hydro, renewable energy, and round-the-clock renewable energy solutions aligns with India’s sustainable energy goals.

With its strong foundation, proven track record, and ambitious growth plans, SJVN is well-positioned to play a pivotal role in India’s energy transition and contribute to a cleaner and greener future.

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