GoI rates SJVN Ltd., As an Excellent PSE
Oct 31st, 2021 4:23 pm | By ThenewsmanofIndia.com | Category: LATEST NEWS
(THE NEWSMAN OF INDIA.COM)
With a rating of 91.53 SJVN Limited has been rated as Excellent PSE by Government of India’s, Ministry of Finance, Department of Public Enterprises MoU Score and Rating for the year 2019-20 of CPSEs.
SJVN Limited, a Mini Ratna, Category-I and Schedule –‘A’ CPSE under administrative control of Ministry of Power, Govt. of India, was incorporated on May 24, 1988 as a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP). SJVN is now a listed Company having shareholders pattern of 59.92 % with Govt. of India, 26.85% with Govt. of Himachal Pradesh and rest of 13.23 % with Public. The present paid up capital and authorized capital of SJVN is Rs. 3,929.79 Crore and Rs. 7,000 Crore respectively. The Net Worth as on 31.03.2021 is Rs.12761.84 Crore.
Beginning with a single project and single State operation (i.e. India’s largest 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh), the Company has commissioned seven projects totaling 2016.5 MW of installed capacity and 86 km 400 KV Transmission Line. SJVN is presently implementing or operating power projects in Himachal Pradesh, Uttarakhand, Bihar, Maharashtra, Uttar Pradesh and Gujarat in India besides neighbouring countries of Nepal.