SJVN has achieved financial closure for 210 MW Luhri-1 Hydro Electric Project (Luhri HEP), Himachal Pradesh and 75 MW Parasaran Solar Power Project in Uttar Pradesh.
As per the loan agreement, State Bank of India will provide Rs 1537 crore at an effective interest rate of 6.90% per annum and Punjab National Bank, Dubai will provide Rs 319.04 crore for Luhri HEP and Parasaran Projects respectively.
SJVN is engaged in hydroelectric power generation originally established as a joint venture between the government and the state government of Himachal Pradesh to develop and operate the Nathpa Jhakri Hydro Power Station (NJHPS).
