New Delhi: SJVN Limited has signed Power Purchase Agreements (PPAs) with Gujarat Urja Vikas Nigam Limited for the supply of green hydroelectric power from three upcoming projects in Himachal Pradesh. The total contracted capacity under the agreements stands at 658 MW, marking a significant step in India’s renewable energy expansion.
The agreements were signed in Vadodara, Gujarat, in the presence of senior officials from both organisations, reinforcing long-term energy cooperation between the two entities.
Details of the 658 MW Hydro Power Projects
The PPAs cover three major hydroelectric projects under development in Himachal Pradesh:
- 66 MW Dhaulasidh Hydro Electric Project
- 210 MW Luhri Stage-I Hydro Electric Project
- 382 MW Sunni Dam Hydro Electric Project
These projects collectively contribute to a total capacity of 658 MW, strengthening SJVN’s clean energy portfolio and long-term power supply commitments.
Read also: SJVN Names Rajesh Kumar Chandel as Director (Projects), Strengthening Hydro Power Leadership
Agreement Signed in Vadodara
The agreements were formally executed in Vadodara, Gujarat, on June 29, 2026. The signing ceremony was attended by senior officials from both organisations.
The agreement was signed by:
- Aman Katoch, General Manager (Contracts & Sales Operations), SJVN
- Sanjay Mathur, General Manager (Commerce), GUVNL
The presence of senior leadership highlighted the strategic importance of the partnership.
Strategic Importance for India’s Energy Transition
According to SJVN Limited Chairman and Managing Director Bhupender Gupta, the agreements strengthen the company’s long-term power sale strategy with major utilities across India.
Key benefits include:
- Improved revenue visibility for SJVN
- Reliable supply of clean hydroelectric power to Gujarat
- Strengthening India’s renewable energy ecosystem
- Supporting grid stability through hydropower integration
Hydropower is considered crucial for balancing intermittent renewable sources like solar and wind energy, helping maintain grid stability.
Supporting India’s Clean and Green Energy Goals
The new agreements contribute to India’s broader goal of achieving a cleaner and more sustainable energy mix. Hydropower projects like these play a key role in:
- Enhancing renewable energy capacity
- Supporting energy security
- Strengthening national grid reliability
- Reducing carbon emissions
With a growing pipeline of renewable projects, SJVN continues to expand its presence in India’s energy transition journey.
About SJVN
SJVN Limited is a Navratna Central Public Sector Enterprise under the Ministry of Power, Government of India, primarily engaged in the development and operation of hydroelectric power projects. Over the years, the company has expanded its portfolio to include thermal, wind, and solar energy projects, contributing significantly to India’s clean and renewable energy goals.
