₹116 Share Price; Order for 100 MW solar project, This power stock returned 242.18% in one year

NSE: SJVN Share: SJVN Ltd, a government-owned company, has secured a 100 MW solar power project through an e-reverse auction conducted by Gujarat Energy Development Nigam Limited (GUVNL).

The successful outcome of the auction has been disclosed in stock exchange filings, indicating SJVN’s acquisition of the 100 MW solar project.

This achievement has contributed to Multibagger Power Stocks delivering a remarkable 100 percent return to investors within a maximum period of six months.

SJVN Limited gets order for 100 MW solar project

Project Details:

Winning Bid: SJVN is set to secure the 100 MW solar project at a rate of Rs 2.54 per unit through GUVNL Phase XXI’s tariff-based bidding process.
Operational Model: The project follows a build-own-operate model, ensuring SJVN’s active involvement in its operation.
Project Operator: SJVN Green Energy Limited (SGEL), a wholly-owned subsidiary of SJVN, will oversee the operation of the solar project.
Location: The solar project will be constructed by Gujarat Industrial Power Corporation Limited at Khawda, Gujarat.
Potential Cost: The project is estimated to incur a cost of ₹550 crore.
Power Purchase Agreement: The determination of power purchase payments will be finalized upon the receipt of a letter from GUVNL.

Company Achievements and Future Goals:

Current Portfolio: SJVN boasts a project portfolio of 59,872 MW.
Expansion Plans: The company is actively working towards achieving a new target of 12,000 MW by the year 2026.
Long-Term Targets: SJVN has set ambitious goals with a general target of reaching 25,000 MW of installed capacity by 2030 and an even more substantial target of 50,000 MW by 2040.

SJVN share price history:

SJVN (SJVN Share Value) has emerged as a multibagger stock. SJVN Share Price Target share has increased by +15.00 in the last 5 Days, SJVN Share Price Target share has increased by +23.10 in the last 1 month, SJVN Share Price Target share has increased by +60.00 in the last 6 months, +82.10

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About Satluj Jal Vidyut Nigam

Visit SJVN’s official website at sjvn.nic.in to learn more about this Indian public sector undertaking. Formerly known as Satluj Jal Vidyut Nigam, SJVN is actively involved in hydroelectric power generation and transmission. The company was established in 1988 under the name Nathpa Jhakri Power Corporation, as a collaborative effort between the Government of India and the Government of Himachal Pradesh.

Key Information:

Founded: 1988
Headquarters: India
Number of Employees (2023): 1,572
Parent Organization: India
Subsidiaries: Sjvn Green Energy Limited, SJVN Thermal Private Limited, SJVN Arun 3 Power Development Company Pvt. Ltd.

For detailed insights into SJVN’s operations and contributions to the power sector, explore their official website.

Fundamental Analysis Of SJVN

Company Essentials	Values
Market Cap	₹ 45,762.46 Cr.
Enterprise Value	₹ 49,872.34 Cr.
No. of Shares	392.98 Cr.
P/E	40.94
P/B	3.2
Face Value	₹ 10
Dividend Yield	1.52%
Book Value (TTM)	₹ 36.36
Cash	₹ 3,030.25 Cr.
Debt	₹ 7,140.13 Cr.
Promoter Holding	81.85%
EPS (TTM)	₹ 2.84
Sales Growth	21.20%
ROE	10.12%
ROCE	11.05%
Profit Growth	39.48%

Conclusion

This article serves as a comprehensive guide to SJVN power stock returned 242.18% in one year, and will do well in the future. The information and forecasts are derived from our analysis, research, company fundamentals, historical data, experiences, and various technical analyses. The article delves into the share’s prospects and growth potential in detail. Feel free to comment below if you have any further queries. We are more than happy to address all your questions. If you find this information helpful, consider sharing the article with as many people as possible.

Disclaimer:

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