SJVN achieves 1 billion units generation milestone at 1,000 MW Bikaner Solar Power Project

SJVN Limited has achieved a significant milestone with its 1000 MW Bikaner Solar Power Project by successfully generating 1 Billion Units (BU) of energy on March 20, 2026. This achievement marks a major step in the company's mission to contribute clean and sustainable energy to the national grid.

The project is located in Bikaner district of Rajasthan and is being implemented through its wholly owned subsidiary, SJVN Green Energy Limited (SGEL). It has been developed under the Central Public Sector Undertaking (CPSU) Scheme - Phase II, Tranche III of the Ministry of New and Renewable Energy (MNRE), Government of India.

The foundation stone of the project was laid by the Hon'ble President of India, Droupadi Murmu, on January 3, 2023, at Jaipur.

The project achieved its Commercial Operation Date (COD) on December 24, 2025, reinforcing SJVN's commitment to enhancing the nation's renewable energy capacity.

The project is expected to generate approximately 2,454.55 million units (MU) of electricity in its first year and about 56 billion units cumulatively over 25 years. Over its operational life, it is projected to reduce carbon emissions by approximately 2.78 million tonnes, contributing significantly to environmental sustainability.

The tariff for the project has been competitively fixed at ₹2.57 per unit, ensuring affordable green power. The generated electricity will be supplied to the states of Rajasthan, Jammu & Kashmir, and Uttarakhand.

Chairman & Managing Director, SJVN Limited, said: "The achievement of 1 Billion Units generation from our 1000 MW Bikaner Solar Power Project is a testament to SJVN's strong commitment towards accelerating India's clean energy transition. This milestone reflects our technical excellence and operational efficiency in executing large-scale renewable energy projects."

He further added: "SJVN remains dedicated to expanding its renewable portfolio and contributing meaningfully to the Government of India's vision of achieving 500 GW of non-fossil fuel capacity. Projects like Bikaner are pivotal in ensuring energy security while promoting sustainability."

Director (Personnel), SJVN, said: "This milestone underscores SGEL's capability to deliver large-scale solar projects within stipulated timelines and achieve early generation benchmarks. The Bikaner project stands as a model for future renewable projects in terms of scale, efficiency, and environmental impact."

Shares of SJVN Limited was last trading in BSE at Rs. 68.73 as compared to the previous close of Rs. 70.43. The total number of shares traded during the day was 211872 in over 1815 trades.

The stock hit an intraday high of Rs. 70.61 and intraday low of 68.50. The net turnover during the day was Rs. 14764098.00.

Source : Equity Bulls

Keywords

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