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SJVN LIMITED — Capital/Financing Update 2024
Aug 2, 2024
58987_rns_2024-08-02_a46d848a-57b7-475b-9300-dfd6e04f3f69.pdf
Capital/Financing Update
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CIN: L40101HP1988GOI008409
एसजेवीएन लिलिटेड
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SJVN Limited
(A Joint Venture of GOI & GOHP) A Mini Ratna & Schedule “A” Company
SJVN/CS/93/2024-
Date: 02/08/2024
- NSE Symbol: SJVN EQ
BOLT SCRIP ID: SJVN SCRIP CODE: 533206
National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra East, Mumbai 400 051, India Mumbai 400 001, India
SUB: Cabinet approves Investment Proposal of 669 MW Lower Arun Hydro Electric Project in Nepal
Sir/Madam,
In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Cabinet Committee on Economic Affairs (CCEA) has approved the investment of ₹5,792.36 crores (Cost to Completion) for 669 MW Lower Arun Hydro Electric Project (LAHEP) at a levelized tariff of ₹4.99 per unit.
The 669 MW Lower Arun Hydro Electric Project with four units of 167.25 MW each, is located downstream of 900 MW Arun-3 Hydro Electric Project on river Arun in Sankhuwasabha district of the province-1 in Nepal. This project is designed to generate 2,900 million units of energy annually.
The Company bagged the project through international competitive bidding and the project is being implemented on Build-Own-Operate and Transfer (BOOT) basis with active support from the Ministry of Power, Government of India. The project shall be commissioned within a span of 60 months from the date of investment approval. The generated power shall be evacuated through under-construction 217 km 400 KV Double Circuit Transmission Line up to Sitamarhi, Bihar.
Kindly take the above information on record and oblige.
Thanking you,
Yours faithfully, SOUME Digitally signed by SOUMENDRA NDRA DAS Date: 2024.08.02 DAS 18:03:19 +05'30' (Soumendra Das) Company Secretary
_______________________________________________________________________________________________________________ पंजीकृत एवं कॉपोरेट कार्ाािर्: एसजेवीएन कॉर्पोरेट ऑफिस कॉमपलेक्स, शनान, शशमला – 171006 हिमाचल प्रदेश Registered & Corporate Office : SJVN Corporate Office Complex, Shanan, Shimla – 171006, Himachal Pradesh दूरभाष / Tel No.: 0177-2660075, फ़ैक्स / Fax: 0177-2660071, ईिेि / Email: [email protected], वेबसाइट / Website : www.sjvn.nic.in