SJVN has bagged ‘Navratna Status’ from Department of Public Enterprises, Ministry of Finance, Government of India.
Navratna companies in India can invest up to Rs 1,000 crore or 15% of their net worth in a single project without needing government approval. These companies have the liberty to invest up to 30% of their net worth within a year as long as it stays below Rs 1,000 crore.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
