SJVN Limited to foray into power trading business

17 Jan 2022 CW Team

Satluj Jal Vidyut Nigam Limited (SJVNL) will enter the power trading business. It has received a trading licence from Central Electricity Regulatory Commission (CERC) for interstate electricity trading.

CERC said that SJUNL would cater to the need of the Act and Trading Licence Regulations for grant of interstate trading licence.

Chairman and Managing Director of SJVNL, Nand Lal Sharma, said that a trading licence is another step to boost its business. SJVNL will now trade electricity generated by public or private companies, including SJVN Arun-3 Power Development Company (SAPDC), SJVN Thermal Private Limited (STPL), and other upcoming subsidies.

India generates around 1,381 billion units (BU) of electricity, from which only 7% is traded on the power exchanges.

Sharma said that efficiently trading electricity will benefit the consumers in the open-access regime brought by the Electricity Act 2003 and the CERC and Science and Engineering Research Council (SERC) regulations.

SJVNL has planned to install a 25 GW capacity by 2040. It has an operational portfolio of 2 GW and is executing 27 renewable energy projects in India, Nepal and Bhutan.

He added that SJVNL aims to meet the demand of power supply across several states while addressing seasonal and regional variance of demand and supply of electricity.

As per a statement, SJVNL will reduce the power of small and medium power generators and trade it into bulk power consumers.

The company is planning to expand its hydropower projects in Nepal, helping India to build South Asia-focused energy security architecture.

Sharma said that the company has a portfolio of 41 projects of 16,432 MW capacity and has acquired solar projects of 1,670 MW capacity through the competitive bidding process.

Image Source

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..