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 Green Energy, a key player in India's renewable energy sector, has marked a significant achievement in its green energy portfolio. The company has successfully completed its 100.25 MW solar power project in Bikaner, Rajasthan, demonstrating its commitment to expanding clean energy capacity in the country.

Project Completion

The announcement of the project's completion highlights SJVN Green Energy's progress in meeting its renewable energy goals. This 100.25 MW solar power facility in Bikaner represents a substantial addition to the company's renewable energy assets and contributes to India's growing solar power infrastructure.

Strategic Importance

The completion of this project is strategically important for several reasons:

1. Increased Renewable Capacity: The 100.25 MW solar power project significantly boosts SJVN Green Energy's renewable energy portfolio, aligning with India's push towards cleaner energy sources.

2. Geographical Advantage: Bikaner, located in Rajasthan, is known for its high solar irradiance, making it an ideal location for solar power generation. This strategic placement is likely to enhance the project's efficiency and output.

3. Timely Execution: The announcement of the project's completion suggests that SJVN Green Energy has met its targeted timeline, which is crucial in the fast-paced renewable energy sector.

Impact on Energy Sector

This development is expected to have positive implications for both SJVN Green Energy and the broader energy landscape:

• Green Energy Contribution: The 100.25 MW project will contribute to reducing carbon emissions and increasing the share of renewable energy in India's power mix.
• Economic Benefits: Large-scale solar projects like this often bring economic benefits to the region, including job creation and increased energy security.

Looking Ahead

The completion of this 100.25 MW solar power project in Bikaner marks a notable step forward for SJVN Green Energy. It underscores the company's role in India's transition towards a more sustainable energy future and its ability to execute large-scale renewable energy projects.

As the renewable energy sector continues to grow, projects like this are likely to play a crucial role in meeting India's ambitious clean energy targets and addressing the increasing demand for sustainable power sources.