SJVN rises on buzz of record electricity generation by power stations in Q3

6 Jan 2022 , 02:39 PM

SJVN has surpassed the previous record of 1,343 MU in the corresponding period of FY 2019-20, from all its power stations, Nand Lal Sharma, Chairman and Managing Director, SJVN reported said.

Sharma reported added that against total design energy of 8,700 million units for full financial year 2021-22 from its power stations, SJVN in just three quarters of this fiscal has generated 8,321 million units of energy.

SJVN, a Mini Ratna, Category-I and Schedule A CPSE under administrative control of Ministry of Power, Government of India. The company has a portfolio of more than 16,000 MW, out of which 2016.5 MW is under operation and the rest is under various stages of development.

The Government of India held 59.92% stake in the company while the Government of Himachal Pradesh held 26.85% stake as on 30 September 2021.

The companys consolidated net profit declined 22.80% to Rs 404.72 crore on a 3.31% rise in sales to Rs 882.32 crore in Q2 FY22 over Q2 FY21.

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