SJVN has secured Rs 10,000 crore construction finance facility to fund its renewable energy projects from a group of leading domestic and international lenders. The construction finance facility is a unique and first-of-its-kind transaction undertaken by a PSU entity and Public Sector Banks. SJVN Green Energy (SGEL), a wholly-owned subsidiary of SJVN, undertook this initiative in association with SBI Capital Markets (SBI CAPS).
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.