SJVN Limited soars 7% after signing moU for solar, storage project

SJVN Limited, focused on renewable energy, saw a 7% jump in its stock price after signing an MoU with the Energy Department of Rajasthan. The agreement aims to develop 5 GW of Pumped Storage Projects and 2 GW of Floating Solar Projects, marking a significant step in the company’s expansion and contribution to clean energy infrastructure.