SJVN’s board has approved raising up to ₹1,000 crore through securitization of future revenue from the Natpha Jhakri Hydro Electric Project. This will help achieve the company’s target for FY 2025-26 under the National Monetization Pipelines. In addition, Shri Sipan Kumar Garg has been appointed as the Chief Financial Officer (CFO) of the company, effective November 10, 2025.
Fundraising via Securitization
The SJVN board has given its approval to raise funds up to ₹1,000 crore through securitization. This will be done against the balance future Revenue/Return on Equity (ROE) of the Natpha Jhakri Hydro Electric Project (1,500 MW). This initiative aims to achieve the company’s target for FY 2025-26 under the National Monetization Pipelines program.
Chief Financial Officer Appointment
Shri Sipan Kumar Garg has been appointed as the Chief Financial Officer (CFO) of SJVN. The appointment was effective from November 10, 2025, following the board meeting’s approval.
Financial Results for Q2 2025-26
SJVN has announced its standalone financial results for Q2 (July-September) of FY 2025-26. Key highlights include:
- Revenue from Operations: ₹942.03 crore
- Total Income: ₹1,032.68 crore
- Net Profit (Profit for the period): ₹372.28 crore
The board also reviewed and approved consolidated financial results for the same period, but details were not provided in this extract.
Other Key Updates
The board addressed other important matters, including:
- Utilization of issue proceeds and material deviations concerning Non-Convertible Debt Securities.
- Security cover details related to Non-Convertible Debt Securities.
Source: BSE
