SJVN signs MoU with Rajasthan for 7 GW renewable energy projects

SJVN's share price is currently being closely watched after signing an MoU with the Energy Department of the Government of Rajasthan. This agreement focuses on the development of renewable energy projects in the state, which is a significant move for the company in the green energy sector.

This collaboration demonstrates a long-term commitment between SJVN and the Rajasthan government to improve renewable energy infrastructure and capacity in the region. The MoU outlines SJVN's goal of developing 5 GW of pumped storage projects and 2 GW of floating solar projects.

As of the latest trading data, SJVN shares are priced at ₹103.44, reflecting a 2.26% decrease, with a trading volume of 4,789,835. The stock has reached a daily high of ₹105.60 and a low of ₹102.85, indicating active market engagement following the announcement.

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