He further said SJVN has emerged as a major player in the power sector in India and in neighbouring countries. With a total portfolio of 31,000 MW and 52 projects under various stages of development, SJVN plans to invest Rs 75,000 crore in next five years and Rs 1.8 lakh crore in next ten years. This will result in employment generation, infrastructure development and overall socio-economic growth of the country.
The ‘Most Efficient & Profitable Miniratna of the Year’ title went to state-owned SJVN Ltd, which is considering a Rs 1.8 lakh crore investment over the next decade. The award was given to SJVN by the Dalal Street Investment Journal (DSIJ) for its contribution to the nation’s economic progress, according to a statement from SJVN. “The company accomplished its largest ever capital expenditure of Rs 5,259.39 crore for the fiscal year 2021-22, against a target of Rs 5,000 crore, and helped the country recover from the economic depression caused by the worldwide pandemic,” stated Chairman & Managing Director Nand Lal Sharma.
SJVN started with a Single Hydro Project of 1500 MW in 1988. Today 2016.5 MW is under operation and the company has presence in India and in neighbouring countries of Nepal and Bhutan. The company has recently formed a subsidiary SJVN Green Energy Limited for developing renewable energy projects. Established in 1986, DSIJ is an equity research and capital investment magazine which caters to the needs of its reader-investors.
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