SJVN has received an in-principle approval for dilution of stake in the wholly owned subsidiary, SJVN Green Energy, subject to the concurrence of Ministry of Power, Department of Investment and Public Asset Management (DIPAM, Ministry of Finance) etc.
Further, the Board has also in-principally approved the monetisation through Securitisation of partial future revenue/ Return on Equity of the Nathpa Jhakri Hydro Power Station (NJHPS) of the Company. The Board of Directors in its meeting held on August 13, 2024 accorded in-principle approval for the same.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
