Satluj Jal Vidyut Nigam Limited provides Rs 1 Cr for buying ventilators
Kanwar Inder Singh/ royalpatiala.in/ Chandigarh
Satluj Jal Vidyut Nigam Limited (SJVN) Limited, a Miniratna PSU under the Union Ministry of Power, has taken several measures to deal with this coronavirus ( COVID-19) pandemic, which has taken the world by storm. In this time of crisis, the central PSU has agreed in principle to provide Rs 1 crore to combat coronavirus.
Nand Lal Sharma, SJVN Limited’s Chairman & Managing Director (CMD) , has told that this amount will be utilised for procuring six ventilators by Indira Gandhi Medical College Hospital, Shimla and five ventilators by Dr Rajender Prasad Medical College, Tanda and some ventilators in Rampur Hospital at Khaneri. SJVN Limited will also extend financial support to provide other essential items like masks, sanitizers and gloves to these health institutions.
About SJVN Limited
SJVN Limited, a Mini Ratna, Category-I and Schedule –‘A’ CPSE under administrative control of Ministry of Power, Govt. of India, was incorporated on May 24, 1988 as a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP). SJVN is now a listed Company having shareholders pattern of 59.92% with Govt. of India, 26.85% with Govt. of Himachal Pradesh and rest of 13.23% with Public. The present paid up capital and authorized capital of SJVN is Rs. 3,929.80 Crore and Rs. 7,000 Crore respectively.The Net Worth as on 31.03.2019 is Rs.11238.78 Crore.
Beginning with a single Project and single State operation (i.e. India’s largest 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh) the Company has commissioned five projects totaling 2015.2 MW of installed capacity including wind and solar power. SJVN is presently implementing power projects in Himachal Pradesh, Uttarakhand, Bihar, Maharashtra and Gujarat in India besides neighboring countries viz. Nepal and Bhutan.
March,27,2020
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