SJVNL pays Himachal Rs 84.40 crore share

Shimla : Satluj Jal Vidyut Nigam Ltd(SJVNL) has declared a total dividend of Rs 333.93 crore for its financial performance in the last fiscal 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 of 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 MW Nathpa Jhakri project achieved a record generation of 7140 million units(MU) in the last fiscal year.

Since April to August 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.