Shares of SJVN rose 4% after the company signed a groundbreaking Memorandum of Understanding (MoU) with the Rajasthan Energy Department. The partnership aims to boost renewable energy development in the state, including 5 GW Pumped Storage Projects and 2 GW Floating Solar Projects.
The agreement, signed in the presence of Rajasthan Chief Minister Bhajan Lal Sharma, underscores SJVN’s commitment to expanding India’s clean energy portfolio.
As of 9:16 am, SJVN shares were trading 4.18% higher at Rs 107.76 on the NSE.
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