Corporate News     08-Feb-21
Jaiprakash Power Venture update on 400 MW Vishnuprayag Hydro Electric Project
Due to natural calamity in Dist Chamoli, Uttar Pradesh
Jaiprakash Power Venture announced that on 7 Febraury 2021 an unusual event took place in the river basin of Dhauli Ganga in District Chamoli (Uttarakhand)between 9.30 am to 11 am.

Unfortunately a Glacier plunged in Raine village of Dist Chamoli causing river to rise rapidly leading to swollen river level for some time which caused damage to life, property and projects falling in direct contact of flow of the river.

The company has a 400 MW Vishnuprayag Hydro Electric Project with its Barrage over Alaknanda River, and Project's Tail Race Tunnel discharging water in river Dhauli Ganga.

The sudden development of the Force Majeure event led to the closure of the power generation.

The river water gushed in through the Tail Race Tunnel of the Project bringing with it the slush.

The company is analysing all aspects and assessing the time to bring back the Project to its pre closure status (operations were stopped at 11 am on 7 February 2021 due to this tragic Glacier event).

Previous News
  Jaiprakash Power Ventures reports consolidated net profit of Rs 211.28 crore in the March 2021 quarter
 ( Results - Announcements 15-Jun-21   07:39 )
  Waaree Renewables Technologies Ltd Spikes 5%
 ( Hot Pursuit - 03-Apr-24   09:30 )
  Jaiprakash Power Ventures Ltd leads gainers in 'A' group
 ( Hot Pursuit - 07-Nov-23   12:00 )
  Jaiprakash Power Ventures Ltd Spurts 6.37%
 ( Hot Pursuit - 07-Nov-23   09:30 )
  Jaiprakash Power Ventures reports standalone net profit of Rs 333.64 crore in the March 2021 quarter
 ( Results - Announcements 15-Jun-21   07:42 )
  Jaiprakash Power Ventures to discuss results
 ( Corporate News - 05-Feb-22   13:17 )
  Adani Power Ltd Surges 4.97%
 ( Hot Pursuit - 24-Mar-21   09:30 )
  Jaiprakash Power Ventures reports standalone net profit of Rs 14.39 crore in the June 2020 quarter
 ( Results - Announcements 27-Jul-20   18:28 )
  Jaiprakash Power Ventures reports consolidated net loss of Rs 167.82 crore in the September 2019 quarter
 ( Results - Announcements 31-Oct-19   14:35 )
  Jaiprakash Power Ventures resumes operations at 400 MW Vishnuprayag HEP
 ( Corporate News - 12-Mar-21   12:11 )
  Jaiprakash Power Ventures schedules AGM
 ( Corporate News - 05-Sep-20   14:25 )
Other Stories
  Gujarat Toolroom to conduct EGM
  08-Jul-24   19:53
  Macro Intl. to conduct AGM
  08-Jul-24   19:52
  Ecoboard Industries schedules AGM
  08-Jul-24   19:52
  Eraaya Lifespaces schedules EGM
  08-Jul-24   19:52
  Binny to convene EGM
  08-Jul-24   19:52
  ICRA upgrades long term rating on bank facilities of Keystone Realtors
  08-Jul-24   19:17
  Sadbhav Engineering schedules EGM
  08-Jul-24   19:08
  Board of Va Tech Wabag approves divestment of Wabag Romania
  08-Jul-24   19:08
  Global Capital Markets to announce Quarterly Result
  08-Jul-24   19:07
  Motherson Sumi Wiring India schedules board meeting
  08-Jul-24   19:07
Back Top