SJVN Limited , a joint venture between the Government of India and the Government of Himachal Pradesh, has announced an extension of the additional charge of Chairman & Managing Director (CMD) to Shri Bhupender Gupta, who currently serves as the CMD of NHPC Limited. This decision, made by the Ministry of Power, comes into effect from November 01, 2025.

Key Details of the Appointment

About Shri Bhupender Gupta

Shri Bhupender Gupta brings a wealth of experience to his role at SJVN Limited:

• Educational Background: Bachelor's degree in Electrical Engineering and MBA in Operations Management
• Total Experience: Over 34 years, including 31 years in Power CPSUs
• Previous Association with SJVN: Worked for 12 years starting in 1995
• Key Achievement: Responsible for planning, erection, and commissioning of the 1500MW Nathpa Jhakri Hydro Power Plant

Career Highlights

Gupta's career spans various prestigious roles in the power sector:

1. Started his CPSU career with SJVN in 1995
2. Served on deputation in Bhutan for the 1020 MW Tala Hydroelectric Power Project (2002-2005)
3. Joined REC Ltd. in March 2007, focusing on project financing
4. Worked as Additional CEO in REC subsidiaries
5. Joined as Director (Technical) at Punatsangchhu Hydroelectric Project Authority, Bhutan in December 2020
6. Appointed as Director (Technical) at THDCIL on June 9, 2023

Recent Accomplishments

At THDCIL, Gupta has led significant projects:

• Achieved Commercial Operation Date (CoD) for Unit-1 (660 MW) of Khurja STPP
• Successfully commissioned Unit-1 & 2 (250 MW each) of Tehri PSP

Corporate Governance Note

SJVN Limited has confirmed that Shri Bhupender Gupta is not related to any director on the company's Board and is not debarred from holding the office of Director by any regulatory authority.

This appointment underscores SJVN's commitment to leveraging experienced leadership in the dynamic power sector. Shareholders and stakeholders will be observing how Gupta's extensive experience in hydroelectric and thermal power projects will contribute to SJVN's ongoing and future initiatives.

SJVN Limited , a joint venture between the Government of India and the Government of Himachal Pradesh, has announced a board meeting scheduled for November 10, 2025. The meeting agenda includes two significant items that could impact the company's financial trajectory.

Key Meeting Agenda

1. Q2 FY25 Financial Results Review: The board will examine and approve the financial results for the quarter and half-year ended September 30, 2025.
2. Asset Securitization Discussion: A proposal for raising funds through the securitization of assets will be considered.

Trading Window Closure

In line with regulatory compliance and the company's internal policies, SJVN has implemented a trading window closure:

This move aligns with the Company's Code of Conduct for Regulating and Reporting Trading by Insiders and for Fair Disclosure, ensuring transparency and maintaining market integrity.

Implications for Investors

The upcoming board meeting may have several implications for SJVN and its stakeholders:

1. Financial Performance Insights: The Q2 FY25 results will provide insights into the company's performance amidst current market conditions.
2. Potential Fundraising: The discussion on asset securitization suggests that SJVN may be exploring new avenues for capital raising, which could impact its financial structure and future growth strategies.

Investors and market watchers will likely be awaiting the outcomes of this meeting, as they may influence SJVN's stock performance and future financial decisions.

SJVN, as a Navratna CPSE (Central Public Sector Enterprise), plays a significant role in India's power sector. The company's moves are often closely monitored for indications of broader trends in the industry and the government's strategic directions in the energy sector.

Stakeholders are advised to stay tuned for further updates and the official release of the Q2 FY25 financial results.