SJVN has inked a Memorandum of Understanding (MOU) with Sikkim Urja (SUL) to trade 180 MW hydro power from SUL’s 1200 MW Teesta-III hydro electric project in Sikkim to distribution licensees and open access consumers. This will be Company’s first venture in the state of Sikkim.
Central Electricity Regulatory Commission has granted Category-I power trading license for interstate trading of electricity to the Company and would also aid the company in focusing on addressing seasonal and regional variance of demand & supply and fulfilling the power supply demand.
At present, the project portfolio of the Company is 55,814 MW. The company is on rapid progression to achieve its Shared Vision of 5,000 MW by 2023-24, 25,000 MW by 2030 and 50,000 MW installed capacity by 2040. SJVN is also playing pivotal role in achieving the target of 50% energy from non-fossil fuel-based energy resources by 2030.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: