SJVN Limited has informed the Exchange regarding a press release dated September 20, 2025, titled "Press Release titled Hon ble Prime Minister Shri Narendra Modi laid foundation stone of SJVN s 200 MW Solar Power Project (GUVNL Phase XVII, Khavda Solar Park) ".
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Prime Minister Narendra Modi laid the foundation stone of SJVN's 200 MW solar power project on September 20, 2025. The project is part of GUVNL Phase XVII and will be set up at the Khavda Solar Park. Khavda Solar Park in Gujarat is one of the largest renewable energy parks in India. This adds to SJVN's growing portfolio of solar and green energy projects. The development signals continued expansion of the company's renewable energy capacity.
Positive for shareholders — adds 200 MW to SJVN's solar capacity, strengthening its renewable energy pipeline. Government-level attention at the foundation ceremony adds visibility and credibility, though near-term stock impact is likely limited as the project was already announced.