SJVN announced that Raj Kumar Chaudhary (DIN: 10198931), CMD, NHPC, has assumed charge of the Chairman and Managing Director, SJVN with effect from 28 November 2024. Consequent to the above, Sushil Sharma (DIN: 08776440), Director (Projects), SJVN ceases to hold the additional charge of the post of CMD, SJVN. Powered by Capital Market - Live News

Net profit of SJVN rose 0.34% to Rs 441.14 crore in the quarter ended September 2024 as against Rs 439.64 crore during the previous quarter ended September 2023. Sales rose 16.84% to Rs 1026.25 crore in the quarter ended September 2024 as against Rs 878.36 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1026.25878.36 17 OPM %80.7280.40 - PBDT722.49670.71 8 PBT589.69568.83 4 NP441.14439.64 0 Powered by Capital Market - Live News

SJVN has revised the meeting of the Board of Directors which was scheduled to be held on 7 November 2024. The meeting will now be held on 5 November 2024.Powered by Capital Market - Live News

SJVN will hold a meeting of the Board of Directors of the Company on 7 November 2024.Powered by Capital Market - Live News

SJVN (the company), GMR Upper Karnali Hydro Power (GMR) and IREDA has signed a MoU for development of Upper Karnali Hydro Electric Project (900 MW) through JV Company in Nepal. The company and GMR will hold 34% shareholding each and IREDA will have 5% shareholding in the proposed JV. The balance equity will be held by NEA (Nepal Electricity Authority). The project shall be developed on BOOT basis with 25 years concessional period after commissioning. The approximate project cost shall be Rs 9,100 crore. The project is proposed to be funded through 70:30 debt equity ratio.Powered by Capital Market - Live News