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Mr. R.N. Misra, CMD, SJVN Honored with International Icon Award

April 21, 2017

SHIMLA : April 21, 2017

 

Sh. R.N. Misra, Chairman & Managing Director, SJVN Limited has been honored with International Icon Award, while SJVN is awarded with Gold Medal by Instititute of Economic Studies in a function held at Kuala Lumpur, Malaysia. 

 

Shri Misra told that Hydro Power generation being core strength of the company; the engineers of SJVN have been successful in achieving the records with efficient machine and water management.  Taking advantage of the lean season, the project engineers have already completed the annual maintenance of machines in record time. The machines of the two projects are ready to perform on full efficiency for the summer season.


He further added that on account of its excellent financial performance the company had declared the highest ever interim dividend of Rs.930.74 crore @ Rs.2. 25 per share and has already been paid to the shareholders. Government of India having 64.46 % equity holding in the company was paid Rs. 599.99 crore while the Government of Himachal Pradesh holding 25.51 % equity was paid Rs.237.38 crore he told. General public holding 10.03 % of the equity has been paid Rs.93.37crores.

 

He informed that SJVN has now successfully ventured into the field of Solar Power Generation with the commissioning of 5 MW Charanka Solar Power Project in the state of Gujurat during financial year 2016-17. Shri Misra attributed the success of company to the hard work and efforts of all the employees and congratulated them for achievement of targets set by Ministry of Power, Government of India.
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