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 Limited announced a significant milestone in its renewable energy portfolio as its wholly owned subsidiary, SJVN Green Energy Limited (SGEL), successfully commenced commercial operation of an additional 100.56 MW capacity at its Bikaner Solar Power Project on December 12, 2025.

Latest Capacity Achievement

The recent commissioning represents substantial progress in the company's ambitious solar initiative. The updated project status demonstrates SJVN's continued momentum in renewable energy development.

Project Progress Overview

The Bikaner Solar Power Project has achieved total cumulative commissioned capacity of 830.70 MW out of the planned 1,000 MW capacity. This represents over 83% completion of the entire project, marking a significant advancement from the previously reported 501.02 MW operational capacity.

Strategic Development

This development underscores SJVN's commitment to expanding its footprint in the renewable energy sector and contributing to India's clean energy goals. The substantial increase in operational capacity demonstrates the company's execution capabilities in large-scale solar power projects.

Remaining Capacity Timeline

With 830.70 MW now operational, SJVN Green Energy Limited is positioned to bring the remaining 169.30 MW capacity online soon. The company has indicated that the rest of the project is expected to be commissioned in the near future, which will complete the entire 1,000 MW solar power project.

Market Impact

The successful commissioning of this additional capacity strengthens SJVN's position in the renewable energy market and contributes significantly to the nation's sustainable energy objectives. Once fully operational, the complete Bikaner Solar Power Project will represent a major addition to India's solar power generation capacity and enhance SJVN's renewable energy portfolio substantially.