New Delhi: SJVN Limited conducted its 37th Annual General Meeting (AGM) on Thursday, where Chairman and Managing Director (CMD) Bhupender Gupta highlighted the company’s strong operational and financial performance in FY 2024–25, alongside its strategic milestones.
Gupta said that the fiscal year was “a defining year of operational excellence,” with SJVN achieving its highest-ever generation of 10,647 million units (MU) across all operational projects. The 1,500 MW Nathpa Jhakri Hydro Power Station delivered record output, including the highest-ever quarterly generation of 3,450.98 MU, a single-day record of 39.572 MU and monthly record of 1,222.170 MU. Similarly, the 412 MW Rampur Hydro Power Station clocked its highest-ever monthly generation of 292.331 MU and quarterly record of 955.616 MU. The 60 MW Naitwar Mori Hydro Power Station exceeded design energy in its first operational year, generating 316.40 MU.
On the financial front, the company reported Revenue from Operations of Rs 2,897.25 crore, up from Rs 2,533.59 crore in FY24, while standalone Profit After Tax (PAT) rose to Rs 970.18 crore from Rs 908.40 crore. The Board has recommended a final dividend of Rs 0.31 per share, taking the total dividend for FY25 to Rs 1.46 per share, including the interim payout. The company also achieved its best-ever trade receivables level of 15 days of revenue, one of the lowest in the sector.
FY25 also marked SJVN’s elevation to Navratna status on August 30, 2024, a recognition of its operational and financial strength and its growing role in India’s power sector. During the year, the company added 691 MW of capacity, taking its installed base to 2,967.52 MW across 12 projects. A key milestone was the synchronization of the first 660 MW unit of the Buxar Thermal Power Project with the national grid on August 21, 2025, which was inaugurated by the Prime Minister the following day.
SJVN continued its focus on Corporate Social Responsibility (CSR), spending Rs 31.24 crore on projects in healthcare, education, livelihood creation and community infrastructure. It retained an ‘Excellent’ rating for corporate governance under the Department of Public Enterprises (DPE).
Looking ahead, the company has set an MoU target of 13,090 MU generation and Rs 12,000 crore Capex for FY 2025–26. In Q1 FY26, it reported generation of 3,681.60 MU, revenue of Rs 822.4 crore and PAT of Rs 258.51 crore.
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