The energy sector is changing rapidly, and some companies are making thoughtful moves to grow and adapt. Let’s look at how Satluj Jal Vidyut Nigam (SJVN), a state-run power developer, is creating positive changes in the energy sector. With the SJVN share showing strong performance, many regular investors are taking notice of this company’s progress.
What is SJVN Doing Right in the Energy Sector?
SJVN’s eight achievements show a carefully planned approach to growing in the energy sector. From finishing projects to planning finances, the company shows strength in many areas.
As of Dec ‘24 SJVN share price is currently at INR 115+ showing a growth of approximately 32.51% in the last one year. While we can’t predict the future, SJVN’s clear plans and variety of projects suggest a company that’s working hard to grow steadily.
- Strong Solar Power Growth
SJVN made significant progress in solar energy with a 2,000 MW solar project in September 2024. This shows the company’s commitment to renewable energy and will add considerably to its green energy work.
- Important Project in Bikaner
The company is building its biggest single-location project – a 1,000 MW facility in Bikaner. Set to finish by September-October 2024, this project is a key step in SJVN’s growth plans. The location and size make this project especially valuable.
- Growing Beyond Borders with Arun 3
SJVN is working beyond India too. The Arun 3 project in Nepal, starting in February 2025, will bring in ₹1,200 crore yearly. This shows how well the company can handle projects in other countries.
- Clear Financial Growth Goals
The company knows where it’s heading financially:
- Adding ₹2,700 crore in revenue for FY25
- Another ₹1,000-1,500 crore in FY26 These clear numbers help us understand exactly how the company plans to grow.
- Maharashtra’s Green Energy Future
SJVN recently agreed to create 5,000 MW of renewable energy projects in Maharashtra. This shows how well the company works with state governments to create large projects.
- Different Types of Power
The company works with various power sources:
- 1,972 MW from hydro
- 404 MW from renewables
- 2,900 MW more coming next year This mix helps keep things stable while creating opportunities.
- Clear Plans for Growth
The company will add 1,176 MW over the next two years. This clear plan helps everyone understand how SJVN will grow step by step.
Why These Achievements Matter to Investors
SJVN’s work is meaningful because it touches on several important aspects of business success:
- Financial Growth: The company’s plans for adding revenue are clear and well-structured. Adding ₹4,000 crore over two years shows careful financial planning.
- Different Types of Power: By working with both hydro and solar projects, SJVN stays stable by not relying too much on any one type of power source.
- Many Locations: From Nepal to Maharashtra, the company works in different areas, which helps spread out any local risks.
- Mix of Technologies: Working with both traditional hydropower and newer solar energy shows how SJVN keeps up with changing energy needs.
The Bottom Line
SJVN’s work in both traditional and new energy sources puts it in a good spot for future growth. The clear schedules and money goals help investors like us understand what to expect. For those interested in investing, many brokers offer a demat account app that makes it simple to follow and invest in companies like SJVN. These apps help you see market information and make better choices about your investments.
As the company keeps working on its plans, we’ll see how these eight positive aspects help shape its future.
