JP Power has established itself as a leading renewable energy company in India with a diverse portfolio of hydro, solar, and wind assets. Over the past decade, it has significantly expanded its generation capacity and added new states to its distribution network.
Going forward, Jayprakash Power Ventures Limited (NSE: JPPOWER) is poised for strong growth driven by India’s rising power demand, shift towards clean energy, favorable government policies, and the company’s expansion strategy across the power value chain.
As per the analysis, JP Power’s share price targets reflect a healthy upside potential through 2023-2030. By 2023, the target is ₹15.60 and by 2030, it reaches ₹80 on the back of factors like new capacity additions, growing distribution and transmission network, higher tariffs and rising capacity utilization.
JP Power Share Price Target 2024
In 2024, JP Power share price is expected to reach ₹17.00. Key drivers:
- Addition of 250 MW wind energy capacity in Tamil Nadu
- Expansion of distribution network in Haryana and Punjab
- Increase in hydro capacity utilization to 90% post monsoon
- Growing domestic and industrial demand for power
2024 Month Target Price
- January ₹16.10
- February ₹16.35
- March ₹16.52
- April ₹16.71
- May ₹16.83
- June ₹16.90
- July ₹16.95
- August ₹17.05
- September ₹17.20
- October ₹17.05
- November ₹17.10
- December ₹17.15
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Jaiprakash Power Share Price Target 2025
In 2025, JP Power share price is expected to reach ₹18.50. Key drivers:
- Commissioning of 300 MW solar park in Madhya Pradesh
- Additional 170 MW hydro capacity in Himachal Pradesh
- Foray into power distribution in Madhya Pradesh
- Increasing renewable energy portfolio to 65%
2025 Month Target Price
- January ₹17.15
- February ₹17.25
- March ₹17.41
- April ₹17.63
- May ₹17.80
- June ₹18.12
- July ₹18.26
- August ₹18.35
- September ₹18.40
- October ₹18.45
- November ₹18.48
- December ₹18.50
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JP Power Share Price Target 2026
In 2026, JP Power share price is expected to reach ₹19.50. Key drivers:
- Commissioning of 250 MW wind project in Gujarat
- Additional solar capacity of 400 MW across various states
- Tie-up for power supply to Delhi metro rail network
- Increase in industrial and commercial demand
2026 Month Target Price
- January ₹18.70
- February ₹18.90
- March ₹19.05
- April ₹19.23
- May ₹19.33
- June ₹19.41
- July ₹19.45
- August ₹19.47
- September ₹19.49
- October ₹19.50
- November ₹19.50
- December ₹19.50
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J P Power Share Price Target 2027
In 2027, JP Power share price is expected to reach ₹20.50. Key drivers:
- Expansion in wind energy capacity by 200 MW
- Addition of 300 MW solar capacity across various states
- Growing retail distribution network
- Increase in hydro capacity utilization to 95%
2027 Month Target Price
- January ₹19.70
- February ₹19.90
- March ₹20.00
- April ₹20.20
- May ₹20.28
- June ₹20.32
- July ₹20.40
- August ₹20.45
- September ₹20.48
- October ₹20.50
- November ₹20.50
- December ₹20.50
JP Power Share Price Target 2028
In 2028, JP Power share price is expected to reach ₹21.70. Key drivers:
- Commissioning of ultra mega solar project (750 MW) in Rajasthan
- Additional wind energy capacity of 150 MW in Tamil Nadu
- Growing number of commercial and industrial consumers
- Increase in average power tariffs across categories
2028 Month Target
- January ₹20.70
- February ₹20.90
- March ₹21.00
- April ₹21.20
- May ₹21.35
- June ₹21.45
- July ₹21.60
- August ₹21.65
- September ₹21.68
- October ₹21.70
- November ₹21.70
- December ₹21.70
Jayprakash Power Share Price Target 2029
In 2029, JP Power share price is expected to reach ₹40. Key drivers:
- Commissioning of pumped hydro storage plant (500 MW)
- Increase in wind energy capacity by 300 MW
- Expanding distribution network in new states
- Growing share of renewable energy to 75% of capacity
2029 Month Target Price
- January ₹22.20
- February ₹23.50
- March ₹26.20
- April ₹28.50
- May ₹31.20
- June ₹33.80
- July ₹35.50
- August ₹36.90
- September ₹38.20
- October ₹39.00
- November ₹39.60
- December ₹40.00
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JP Power Share Price Target 2030
In 2030, JP Power share price is expected to reach ₹80. Key drivers:
- Commissioning of ultra mega solar park (1500 MW)
- Increase in wind energy capacity by 500 MW
- Expanding power distribution and transmission network
- Over 80% generation capacity from renewable sources
JP Power 2030 Target Price (Month Wise)
- January (₹41.20)
- February (₹45.40)
- March (₹51.80)
- April (₹56.70)
- May (₹63.50)
- June (₹68.40)
- July (₹72.30)
- August (₹74.50)
- September (₹76.80)
- October (₹78.50)
- November (₹79.20)
- December (₹80.00)
Conclusion
JP Power is a major Indian power generation and distribution company focused on renewable energy. It has significant hydro, solar, and wind energy assets and plans major capacity expansions over the next decade.
If Jaiprakash Power can maintain execution momentum for its renewable energy projects, distribution network growth and achieve operational efficiencies, it could exceed estimated price targets. Government support for the renewable energy space and higher adoption by commercial consumers can also act as catalysts.
Overall, J P Power is one of the best positioned Indian power stocks to ride the secular growth trends while delivering robust returns for long-term investors. Its established track record and future growth plans back the upbeat price targets across the 2023-2030 time frame.
References:
- JP Power Annual Report: https://www.jppowerventures.com/wp-content/uploads/2022/08/Annual-Report-2021-22.pdf
- JP Power Quarterly Reports: https://www.jppowerventures.com/financial-results/
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