Thursday 14 July 2016

SJVN, Power Ministry sign MoU for Energy Generation

SJVN Limited, a joint venture of central government and Himachal Pradesh government, signed a memorandum of understanding (MoU) with the Ministry of Power regarding energy generation and concession agreement for Kholongchu hydro electric project in Bhutan, the company said on Wednesday.

"During the financial year 2016-17, SJVN Limited plans energy generation of 8,700 million units (under excellent parameters) with an expected revenue from operations of Rs 2,300 crore and profit before tax of Rs 1,050 crore from its 1500 megawatt (mw) Nathpa Jhakri Hydro Power Station, 412 mw Rampur Hydro Power Station in Himachal Pradesh and 47.6 mw Khirvire Wind Power Project in Maharashtra," an official of SJVN limited said in a press statement.


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