SJVNL pays HP Rs 84.40-cr share

Satluj Jal Vidyut Nigam Ltd(SJVNL) has declared a total dividend of Rs 333.93 crore for its financial performance in the last financial year.

Towards Himachal Pradesh’s 25.5 per cent participation in SJVNL’s equity, the state government on Tuesday paid a cheque of Rs 84.40 crore and the rest to the Government of India.

The company’s CMD, R P Singh, presented the cheque to the state Chief Minister P K Dhumal.

SJVNL’s flagship hydro electric project, the 1500 megawatt Nathpa Jhakri project, achieved a record generation of 7140 million units(MU) in the last financial year.

Since April, the plant has generated 4865 MU of electricity.

 

Singh said this year in August the Nathpa project generated 1151 MU, which was an all-time record.

SJVNL is a joint venture company owned by the Centre and the Himachal government.