SJVN signs PPAs with GUVNL for 658 MW hydro power from HP projects

Govt Defence OrderBusiness Updates View source PDF Explain this filing

SJVN · price

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Price reactionminutes from the announcement price · days from the prior close

+1.4%Reaction day

₹72.10

prior close

₹73.00

announcement price

After-mkt

timing

Nifty Midcap 150market+0.4%+1.0% vs market

Power Generation peers, median of 28sector+0.1%+1.3% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Midcap 150 and 1.3 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.2

10m

+0.9

15m

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30m

+0.4

Sessions after the filingfrom the prior close

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Reaction day

+1.4+0.4+1.0+0.1+1.3

Next day

+0.6+0.6-0.0+0.2+0.5

+0.7+1.1-0.4+1.0-0.3

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-0.3+1.3-1.6-0.4+0.0

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15d

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-10.0+3.8-13.7-8.0-2.0

-17.9-3.6-14.3-10.3-7.6

UpDownMarket · Nifty Midcap 150Sector · Power Generation peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SJVN has signed Power Purchase Agreements with Gujarat Urja Vikas Nigam (GUVNL) to supply power from three upcoming hydro projects in Himachal Pradesh: 66 MW Dhaulasidh, 210 MW Luhri Stage-I, and 382 MW Sunni Dam, totaling 658 MW. The agreements were signed at Vadodara. These long-term PPAs strengthen SJVN's portfolio of power sale arrangements with leading utilities and support India's clean energy transition.

Likely market impact

Secures long-term revenue visibility from 658 MW of hydro capacity with a state PSU, reinforcing SJVN's clean energy growth pipeline.