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SJVN’s arm signs Joint Venture Cum Shareholders Agreement with APDCL

08 Apr 2024 Evaluate

SJVN’s wholly owned subsidiary -- SJVN Green Energy (SGEL) has signed a Joint Venture Cum Shareholders Agreement with Assam Power Distribution Company (APDCL) on April 8, 2024. Joint Venture cum Shareholders Agreement records the terms of incorporation of a Joint Venture Company in accordance with the terms of the agreement for Development of Renewable Energy Projects / Parks within APDCL / SGEL or SJVN command area and on pan-India basis. Incorporation of Joint Venture Company in shareholding of 51:49 by SGEL and APDCL respectively. 

SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.


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