SJVN Limited has announced via a regulatory filing that its wholly-owned subsidiary, SJVN Thermal Private Limited, is scheduled to achieve the commercial operation of Unit-II (660 MW) of the 1,320 MW (2×660 MW) Buxar Thermal Power Project on September 12, 2026, at 00:00 HRS. Located at Chausa in District Buxar, Bihar, this state-of-the-art supercritical project will produce approximately 9,828.72 Million Units of electricity per year, with 85% of power pre-allocated to Bihar under a long-term Power Purchase Agreement to strengthen peak-hour energy security across the Eastern Region.

SJVN Limited, a Navratna Central Public Sector Enterprise (CPSE) and a joint venture between the Government of India and the Government of Himachal Pradesh, is an integrated energy major with presence across hydro, thermal, solar, and wind generation. Throughout 2025 and 2026, the company actively pursued key growth initiatives, including extending Shri Bhupender Gupta’s leadership term as Additional Chairman and Managing Director, integrating artificial intelligence and cybersecurity into grid systems, and advancing green hydrogen and bioenergy projects. Prominent institutional investors in SJVN Limited include the Life Insurance Corporation of India (LIC) holding approximately 2.63% equity, alongside key Foreign Portfolio Investors (FPIs).

In its Q3 FY25 financial results announced on February 13, 2025, SJVN Limited reported revenue from operations of ₹670.99 Crores, demonstrating a 23.50% YoY increase compared to ₹543.31 Crores in the corresponding quarter of the previous year (Q3 FY24), though registering a 34.62% QoQ decrease from ₹1,026.25 Crores in Q2 FY25. The company’s net profit (PAT) for Q3 FY25 stood at ₹154.74 Crores, reflecting an 18.88% YoY growth compared to ₹130.16 Crores in Q3 FY24, while declining 64.08% QoQ against ₹430.78 Crores achieved in Q2 FY25. The comparative financial analysis is detailed below:

SJVN Limited remains a major public sector power generator originally established to operate the 1,500 MW Nathpa Jhakri Hydro Power Station. The company continues to expand its strategic footprint across thermal and renewable energy assets nationwide to support India’s long-term energy transition and grid infrastructure resilience.