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MarketScreener Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  SJVN Ltd    SJVN   INE002L01015

SJVN LTD

(SJVN)
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SJVN : Chairman & Managing Director, Sh. Nand Lal Sharma inaugurated the Office of 780 MW Jangi Thopan Powari HEP at Kinnaur (HP)

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04/12/2019 | 09:13am EDT

Adding another feather in the cap of SJVN, Chairman & Managing Director, Sh. Nand Lal Sharma as a historic milestone for the development of Hydel Energy, today inaugurated the Office of Jangi Thopan Powari HEP (780 MW) at Reckong Peo, Distt. Kinnaur, Himachal Pradesh.

Deputy Commissioner, Kinnaur, IAS, Sh. Gopal Chand, Chief Conservator of Forest, Rampur, Sh. Anil Thakur, DFO, Kinnaur, Sh. Chaman Lal, DSP, Sh. Amar Singh, Chief Medical Officer, Sh. Padam Negi, XEN PWD, XEN IPH, XEN HPSEB graced the occasion.

On this occasion HOP, JTP HEP/LHEP, Sh. R.L. Negi, accompanied with HOP, NJHPS, Sh. Sanjeev Sood, HOP and RHPS, Sh. Suresh Thakur were also present.

Chairman & Managing Director, Sh. Nand Lal Sharma, visited the Project sites of JTP HEP at Jangi and Powari undertook detailed tour of project sites and also interacted with the local people.

While addressing he said that the Government of Himachal Pradesh have allotted 780 MW Jangi Thopan Powari Hydro Electric Project to SJVN on Build, Own, Operate & Transfer (BOOT) basis for a period of 70 years. The DPR of this project will be prepared and completed by September, 2021 and the construction works for the project will be started after March, 2022 and the completion period for the project is of 66 months.

He sought the cooperation from Govt. of Himachal Pradesh, District Administration and all the concerned Departments for timely completion of the project in the interest of the people. He further said that SJVN has necessary infrastructure in the area and this will be a key factor for completing this project on fast track.

Sh. Sharma assured the local people that every possible step will be taken for the development of the local area through CSR initiatives of SJVN. In this direction, a MoU have already been signed with Helpage India for deployment of a Mobile Medical Unit in the Project vicinity to provide free health services to the local people. He further assured that, SJVN would contribute in overall development of the Project Affected Area.

Hydro Power is the core strength of SJVN and the Company has the distinction of implementing India's largest 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh, which is down stream of this project. Besides, executing projects in Himachal Pradesh, SJVN is executing hydro projects in Nepal, Bhutan and Uttarakhand. SJVN has also forayed into the field of Renewable Energy, Power Transmission and Thermal. SJVN has envisaged Internal Growth Targets and is vigorously marching forward for achieving installed capacity of 5000 MW by 2023, 12000 MW by 2030 and 25000 MW by year 2040.

Disclaimer

SJVN Limited published this content on 12 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 April 2019 13:12:10 UTC

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Financials (INR)
Sales 2019 22 500 M
EBIT 2019 -
Net income 2019 13 400 M
Debt 2019 -
Yield 2019 8,73%
P/E ratio 2019 7,07
P/E ratio 2020 6,68
Capi. / Sales 2019 4,20x
Capi. / Sales 2020 4,06x
Capitalization 94 512 M
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Number of Analysts 1
Average target price 29,2  INR
Spread / Average Target 21%
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Managers
NameTitle
Nand Lal Sharma Chairman & Managing Director
Amarjit Singh Bindra Executive Director & Finance Director
Surender P. Pathak GM-Information Technology & Communications
Rakesh Kumar Bansal Executive Director & Electrical Directors
Kanwar Singh Director & Civil Director
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