SJVN has achieved the Commercial Operation Date (COD) for its 75 MW Jamui Solar Power Project in Bihar, executed through its wholly owned subsidiary, SJVN Green Energy Limited. The project, developed on approximately 300 acres of land near Village Hadhadiya, Kakanchaur, was completed at an estimated cost of ₹342 crore. This milestone strengthens the company’s renewable energy portfolio and supports India’s target of achieving 500 GW of renewable energy capacity by 2030.

Project Financials and Operations

The project is designed to supply electricity to the State of Bihar under a competitive tariff structure. The power generated will be sold at a fixed rate of ₹2.96 per unit. Over its operational life, the facility is expected to deliver significant energy output while contributing to local economic development through job creation.

Generation and Environmental Impact

According to Sh. Ajay Sharma, Director (Personnel), SJVN, the 75 MW installation is expected to generate approximately 90 million units of electricity during its first year of operation. Cumulatively, the project is projected to produce around 3,522 million units over a period of 25 years.

Environmentally, the commissioning of the plant is estimated to reduce approximately 82,250.74 tonnes of carbon emissions. This reduction supports national decarbonisation objectives and climate commitments. The project was developed pursuant to a tender floated by the Bihar Renewable Energy Development Agency (BREDA).

Employment and Economic Contribution

Sh. Rajesh Chandel, Director (Projects), SJVN, highlighted the project's role in local economic development. The construction and operation phases have created approximately 15-20 direct employment opportunities and around 50-100 indirect employment opportunities. These green jobs provide an economic impetus to the local community in Jamui District.

Strategic Significance

The successful COD reinforces SJVN Green Energy Limited’s commitment to developing renewable energy projects across India. As a Navratna Central Public Sector Enterprise and a joint venture between the Government of India and the Government of Himachal Pradesh, SJVN continues to expand its clean energy footprint. The addition of this 75 MW capacity aligns with the company’s vision of becoming a leading renewable energy provider in the country.

SJVN Limited will hold its 38th Annual General Meeting (AGM) on Monday, August 31, 2026, via Video Conferencing or Other Audio-Visual Means (OAVM). The Navratna Central Public Sector Enterprise has recommended a final dividend of ₹0.35 per share for FY25-26, subject to shareholder approval at the meeting. This recommendation was made by the Board during its 331st meeting held on May 15, 2026. Shareholders holding shares as of the record date will be eligible to receive the dividend if declared.

The primary business of the AGM includes the approval of the Board’s Report and Annual Financial Statement for FY25-26. The company issued a public notice on August 7, 2026, published in Times of India and Amar Ujala, confirming the virtual format in compliance with Ministry of Corporate Affairs (MCA) Circular No. 20/2020 dated May 5, 2020. The Annual Report and Notice have been dispatched electronically to members with registered email addresses. For those without registered emails, documents are accessible on the company’s website and exchange portals.

Voting and Record Date Details

To ensure dividend entitlement and voting rights, shareholders must hold shares as of the record date. The following timeline applies for remote e-voting and dividend eligibility:

Remote e-voting facilities are provided under Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Members who cast their vote remotely cannot vote again during the meeting. Those who have not voted remotely may vote electronically during the AGM.

Shareholder Action Required

SJVN Limited urges shareholders to update their Know Your Customer (KYC) details and email addresses to prevent delays in receiving dividends and annual reports. The specific requirements depend on the form of shareholding:

Members holding physical shares must submit Form ISR-1 along with required documents to MAS Services Limited, the Registrar and Transfer Agent. A copy of Form ISR-1 is available on the company’s website.

What the Numbers Show

The recommended dividend of ₹0.35 per share signals continued cash return to investors despite the broader energy sector's capital-intensive nature. As a joint venture between the Government of India and the Government of Himachal Pradesh, SJVN’s ability to maintain dividend payouts reflects stable operational cash flows. The strict adherence to the record date of August 24, 2026, means any last-minute trading activity must be completed before this cutoff to secure entitlements. The results of the resolutions will be declared within two days of the AGM conclusion, alongside the Scrutinizer's Report.