Hot Pursuit     28-Sep-23
SJVN starts mechanical spinning of unit-I of Uttarakhand project
The power generation company on Wednesday announced that it has commenced the mechanical spinning of unit-I of 60 MW Naitwar Mori Hydro Electric Project (NMHEP) at Mori, Uttarakhand.

The spinning of turbine generators and associated auxiliaries with water flow marks the final preparations for synchronization of the units. The barrage and head race tunnel have been filled with water as per procedural guidelines for filling of the hydro project components.

The 60 MW Naitwar Mori Hydro Electric Project is run off the river project designed to harness energy from river tons in Uttarkashi district of Uttarakhand. The project will generate 265.5 million units of electricity annually. The company has constructed 37 km 220 KV transmission line for evacuation of power from Naitwar Mori HEP from Bainol to Snail, SJVN stated in the press release.

This achievement reaffirms the commitment of the firm to harness the energy from nonfossil fuel sources. Marching towards sustainable future, the company has aimed to be a 50,000 MW company by 2040, the company added.

SJVN is an Indian public sector undertaking having business interests in hydro, thermal, solar, wind and in power transmission & power trading. It is a joint venture between the Government of India and the Government of Himachal Pradesh.

The company's consolidated net profit declined 55.39% to Rs 271.75 crore on a 32.80% fall in revenue to Rs 674.79 crore in Q1 FY24 over Q1 FY23.

Shares of SJVN were up 0.27% to Rs 70.07 on the BSE.

Previous News
  UCO Bank leads gainers in 'A' group
 ( Hot Pursuit - 05-Feb-24   12:00 )
  SJVN to convene board meeting
 ( Corporate News - 08-Aug-24   16:22 )
  SJVN to discuss results
 ( Corporate News - 02-Aug-23   17:54 )
  SJVN revises board meeting date
 ( Corporate News - 08-Aug-24   15:45 )
  SJVN consolidated net profit rises 78.07% in the June 2022 quarter
 ( Results - Announcements 13-Aug-22   09:00 )
  SJVN hits record high on bagging 5 projects in Arunachal Pradesh
 ( Hot Pursuit - 25-Jul-23   12:39 )
  SJVN signs MoU with Maharashtra State Power Generation Company
 ( Corporate News - 14-Jun-23   17:09 )
  SJVN gains on MoU with MAHAGENCO for renewable projects in Maharashtra
 ( Hot Pursuit - 15-Jun-23   09:19 )
  SJVN consolidated net profit rises 19.18% in the December 2021 quarter
 ( Results - Announcements 10-Feb-22   17:45 )
  SJVN announces cessation of director
 ( Corporate News - 05-Feb-24   11:50 )
  SJVN offer for sale concludes; promoter raises Rs 1,334 crore from share sale
 ( Hot Pursuit - 23-Sep-23   12:40 )
Other Stories
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top