Home / Business and Economy / SJVN Stock Surges on Major Project Milestones
SJVN Stock Surges on Major Project Milestones
6 Jan
Summary
- SJVN's 1 GW solar project in Rajasthan was commissioned by Tata Power.
- Two units of the Buxar Thermal Power Project are nearing completion.
- SJVN aims for 25 GW capacity by 2030 and 50 GW by 2040.
SJVN's stock has experienced a notable resurgence, driven by significant operational achievements and a partnership with Tata Power. The company's 1 GW solar project in Rajasthan, commissioned by Tata Power Renewable Energy Limited on December 30, 2025, is set to generate substantial green electricity. Furthermore, the first unit of SJVN's 1,320 MW Buxar Thermal Power Project successfully completed its full load run in November 2025, with the second unit anticipated for early 2026.
The recent positive momentum for SJVN's shares is also attributed to a broader market rally in PSU power and infrastructure stocks. Investors are showing renewed interest in utility companies due to their stable cash flows and long-term visibility. SJVN, as a government-owned entity, has benefited from this increased risk appetite and optimism surrounding India's growing power demand.
Looking ahead, SJVN has ambitious plans, including commissioning approximately 650 MW of renewable projects in FY26 and 1.5 GW in FY27. Construction on two major Nepal hydro projects is slated to begin in Q1 FY27. The company aims for an impressive 25 GW total generation capacity by 2030 and 50 GW by 2040.
