December 22, 2024

PM Modi Declares SJVN Power Projects: Potential Boost For Renewable Stocks!

Date:

Share post:

Today, in a landmark event, Prime Minister Narendra Modi virtually dedicated four power stations of SJVN to the nation, marking a significant step towards India’s renewable energy ambitions. The power stations include the 60 MW Naitwar Mori Hydro Power Station in Uttarakhand, along with the 75 MW Parasan Solar Power Station, 75 MW Gurhah Solar Power Station, and 50 MW Gujrai Solar Power Station in Uttar Pradesh.

PM Modi Launches SJVN Power Projects: Potential Boost For Renewable Stocks!
PM Modi Launches SJVN Power Projects: Potential Boost For Renewable Stocks!

Additionally, Prime Minister Modi laid the foundation stone for SJVN’s ambitious projects, including the 382 MW Sunni Dam Hydro Electric Project and the 15 MW Nangal Floating Solar Power Project in Himachal Pradesh, as well as a 70 MW Solar Project in Assam. These projects are poised to play a crucial role in India’s journey towards achieving a net-zero carbon emission economy by 2070.

The event, graced by the Governor of Telangana Dr. Tamilisai Soundararajan, Chief Minister of Telangana A. Revanth Reddy, and Union Minister of Culture, Tourism & Development of North Eastern Region, G. Kishan Reddy, witnessed the virtual presence of SJVN’s Chairman & Managing Director, Geeta Kapur, and Director (Finance), Akhileshwar Singh.

Expressing gratitude to Prime Minister Modi for his visionary leadership, SJVN‘s Chairman and Managing Director, Geeta Kapur, reiterated the company’s commitment to achieving the goal of 500 GW installed capacity from non-fossil fuel-based energy resources by 2030. These projects, totaling 727 MW in capacity, are expected to generate 2255 million units of energy annually and significantly reduce carbon emissions.

SJVN, a power sector CPSE, has diversified its business into various forms of energy, including hydro, thermal, wind, solar, power trading, and power transmission. With a vision to achieve 25,000 MW by 2030 and 50,000 MW installed capacity by 2040, SJVN remains at the forefront of India’s renewable energy revolution.

PM Modi Launches SJVN Power Projects

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Union Minister Bhupender Yadav to Release ISFR 2023 in Dehradun

Union Minister of Environment, Forest and Climate Change Bhupender Yadav will release the India State of Forest Report...

AI-Driven Diagnostics and Telemedicine – Transforming Healthcare Accessibility

Union Minister of State (Independent Charge) for Science and Technology, Minister of State (Independent Charge) for Earth Sciences,...

हिमाचल प्रदेश सरकार के जनकल्याणकारी कार्यक्रमों का विशेष प्रचार अभियान

प्रदेश सरकार की जनकल्याणकारी नीतियों एवं कार्यक्रमों की जानकारी जन-जन तक पहुंचाने के उद्देश्य से विशेष प्रचार अभियान...

FIR Against Rahul Gandhi Raises Political Controversy

Chief Minister Thakur Sukhvinder Singh Sukhu has termed the FIR registered against Leader of the Opposition in Lok...