SJVN Limited , a joint venture between the Government of India and the Government of Himachal Pradesh, has announced significant changes in its leadership team, affecting two senior positions within the company.

Chief Financial Officer Steps Down

Shri Sanjay Kumar, who served as the Chief Financial Officer (CFO) of SJVN Limited, has ceased to hold the position effective July 31, 2025. The company disclosed that Kumar's departure is due to his superannuation, marking the end of his tenure with the organization.

Changes in Internal Audit Leadership

In addition to the CFO transition, SJVN Limited also reported a change in its internal audit department. Shri Shailender Aggarwal, who previously held the position of Chief Internal Auditor, has also stepped down from his role as of July 31, 2025. However, unlike Kumar's retirement, Aggarwal's move is the result of an internal transfer within the company, suggesting a potential reassignment to another department or role.

Regulatory Compliance and Disclosure

These leadership changes were communicated to the stock exchanges as part of SJVN Limited's regulatory compliance requirements. The company made the announcement in accordance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements.

The official communication was signed by Soumendra Das, the Company Secretary of SJVN Limited, emphasizing the company's commitment to transparency and timely disclosure of material changes in key management positions.

As a Navratna Central Public Sector Enterprise (CPSE), SJVN Limited's management changes are likely to be closely watched by investors and industry observers. The company has not yet announced successors for either position.

Stakeholders will be keen to see how these changes might impact the company's operations and strategic direction in the coming months.

SJVN Ltd announced a significant milestone in its renewable energy portfolio as its subsidiary, SJVN Green Energy Ltd, successfully commenced commercial operation of an additional 100.25 MW capacity at its Bikaner Solar Power Project. This development marks a substantial step forward in the company's ambitious 1,000 MW solar initiative.

Project Progress

The latest addition brings the total commissioned capacity of the Bikaner Solar Power Project to 501.02 MW, representing just over half of the planned 1,000 MW capacity. This achievement underscores SJVN's commitment to expanding its footprint in the renewable energy sector and contributing to India's clean energy goals.

Remaining Capacity

With 501.02 MW now operational, SJVN Green Energy Ltd is poised to bring the remaining capacity online in the near future. The company has indicated that the rest of the project is expected to become operational soon, which will further boost SJVN's renewable energy generation capabilities.

Strategic Importance

This development is particularly noteworthy as it demonstrates SJVN's progress in diversifying its energy portfolio and capitalizing on the growing demand for solar power in India. The Bikaner Solar Power Project, once fully operational, will significantly enhance SJVN's position in the renewable energy market and contribute to the nation's sustainable energy objectives.

Looking Ahead

As SJVN continues to expand its renewable energy capacity, industry observers will be keenly watching the company's progress in completing the remaining portion of the Bikaner Solar Power Project. The successful commissioning of the entire 1,000 MW capacity could potentially strengthen SJVN's market position and financial performance in the coming quarters.

The completion of this 100.25 MW capacity is a testament to SJVN's execution capabilities and its commitment to green energy initiatives. As the renewable energy sector in India continues to grow, projects like these play a crucial role in the country's transition towards a more sustainable energy future.