Sarda Energy Commissions 24.9 MW Hydro Power Project in Chhattisgarh
By Ankur Chandra | Published at: Jul 9, 2025 04:23 PM IST
Raipur, July 9 – Sarda Energy & Minerals Ltd (BSE: 504614, NSE: SARDAEN) said that its 24.9 MW Rehar-1 Small Hydro Power Project in Chhattisgarh is now open for business through its subsidiary, Chhattisgarh Hydro Power LLP. On July 8, 2025, the project, which has three units of 8.3 MW each, officially started up.
The company also said in a regulatory filing that it has acquired in-principle consent from Chhattisgarh State Power Distribution Company Ltd. (CSPDCL) to buy power from the Rehar-1 project for a long time. This change makes it much easier to see how much money the project will make, and it shows that Sarda Energy is serious about growing its renewable energy portfolio.
Stock Performance: Sarda Energy shares ended at ₹433.00 on July 9, 2025, up ₹9.10 or 2.15% from the previous day. Investors are excited about the hydro project because they believe it has a lot of potential in the long term and the company is focused on clean energy.
Project Details
| Project Name | Capacity | Configuration | Status | Date of Commissioning |
|---|---|---|---|---|
| Rehar-1 Hydro | 24.9 MW | 3 × 8.3 MW Units | Commercial Operations Started | July 8, 2025 |
Strategic Significance
This development marks a significant milestone in the company’s renewable energy portfolio expansion, particularly in small hydroelectric generation—a sector encouraged under India’s renewable energy mission. The long-term power procurement approval adds revenue visibility and enhances project bankability.
Boost to Green Capacity: Sarda’s clean energy assets are stronger with the addition of 24.9 MW.
Long-Term Stability: Getting approval from CSPDCL to buy power guarantees steady financial flow in the future.
Investor Confidence: The stock’s rise shows that people are happy with the company’s plans to grow in the renewable energy sector.
Sarda Energy is becoming a more diverse and forward-thinking player in India’s changing energy environment now that it has successfully commissioned its project and found a buyer for its output.
Market Reaction Watch
Sarda Energy shares will be in focus during today’s trading session as the market responds to the renewable energy capacity addition and long-term offtake assurance. Investors will also track updates on further expansion or commissioning of hydro assets under its LLP structure.
About the Company
Sarda Energy & Minerals Ltd is an integrated steel producer with captive iron ore mines and hydro power assets. Listed on BSE and NSE, the company has been diversifying into renewable energy through subsidiaries such as Chhattisgarh Hydro Power LLP, contributing to India’s green energy goals.
REF:https://nsearchives.nseindia.com/corporate/SARDAEN_09072025133012_SEML_Updates_09072025.pdf
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