SJVN has received an approval for the acquisition of equity shares in Cross Border Power Transmission Company (CPTC). Cost of acquisition is Rs 18.59 crore. Objects of acquisition is to increase in existing shareholding of the company from the current 26% already held in CPTC. The Board of Directors of the Company in its meeting held on July 22, 2023 approved the same.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
