SJVN incorporates New Subsidiary Company – SJVN Green Energy Limited for executing Renewable Projects

By: Vijay Kumar Verma, Group Editor-ICN World SHIMLA : Nand Lal Sharma, Chairman & Managing Director, SJVN today informed that in its pursuit to enliven the vision of rapid capacity additions through new and renewable energy sources, SJVN has incorporated a fully owned Subsidiary Company ‘SJVN Green Energy Limited’ (SGEL). Nand Lal Sharma stated that the Subsidiary Company shall work in the verticals of Power Generation from Renewable Sources such as Solar Parks, Wind & Hybrid Projects, Battery Energy Storage System, Assets Creation in Wave, Biomass, Small Hydro (being RE) and Green Hydrogen…

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SJVN ACHIEVES CAPEX TARGET OF FY 2021-22 OF RS 5000 Cr. ONE MONTH IN ADVANCE

By: Vijay Kumar Verma, Group Editor-ICN World SHIMLA : Setting out to meet the ambitious Capital Expenditure (CAPEX) utilisation target of Rs 5000 crores for FY 2021-22, SJVN has crossed the target, one month in advance. Nand Lal Sharma, Chairman & Managing Director today informed that by achieving Rs 5007.89 Crore CAPEX by 28th February 2022, SJVN has crossed 100.16% of the targeted CAPEX of Rs 5000 crores for current fiscal. Nand Lal Sharma said “By registering over 100 percent CAPEX utilization in 11 months of current financial year, SJVN has maintained its stature…

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