SJVN Green’s 1 GW Bikaner Project Starts With First 241 MW Start

SJVN Green Energy Limited (SGEL) has completed the trial run of a 241.77 MW capacity solar project in Bikaner, Rajasthan. The company stated in a regulatory filing that this constitutes Phase I of the 1,000 MW Bikaner Solar Power Project, completed on March 31, 2025. The capacity is currently operational and is set to achieve a Commercial Operation Date (COD) on April 2, 2025. This project, with a total planned capacity of 1,000 MW, is scheduled for full commissioning by September 30, 2025.

The company added, “Upon completion, SGEL will supply the generated solar power to three states: Rajasthan, Jammu & Kashmir, and Uttarakhand.

SJVN’s Renewable Energy Expansion 

Providing an overview of its projects during an earlier presentation during its Q3 results, the company had shared , “Currently, 12 projects with a combined capacity of 2,466.5 megawatts and two transmission lines are operational. We are constructing four hydro projects totaling 1,558 megawatts, one thermal project of 1,320 megawatts, and 12 solar projects with a total capacity of 2,058 megawatts. In total, the company’s under-construction portfolio stands at 4,936 megawatts.”

Leadership and Future Expansion Plans

Sushil Sharma, the additional charge of Chairman & Managing Director (CMD) of SJVN had commented that two units of the 1,320 MW Buxar project will be commissioned during FY ’25-’26. Additionally, this solar capacity will be able to add another 200 to 250 megawatts.” Discussing the company’s future targets, it expected to add roughly around 1.5 gigawatts of solar capacity in FY ’26.

Furthermore, the company listed several projects set for commissioning in the upcoming year. Some of these projects include:

Bikaner Solar Project Commissioning in Q3FY26

The company stated that it plans to commission its 1 GW Bikaner Solar Project by Q3 of FY26.

Planned IPO of SJVN Green Energy

The company announced its plans to issue an IPO for SJVN Green Energy soon. The new firm to be hived off from the parent firm would house most of the new solar, wind and BESS projects it adds, while the parent firm retains the original Hydro projects. The IPO would help free up funds for the parent firm, while providing better access to possible funding as well as strategic partners going ahead for the PSU