Synopsis: State-run SJVN Ltd has signed a loan agreement amounting to Rs 494 crore with Himachal Pradesh State Co-Operative Bank for the development of 66 MW Dhaulasidh Hydro-electric Project (HEP), said the Miniratna PSU
Synopsis: State-run SJVN Limited has crossed the capital expenditure (capex) utilisation target of Rs 5,000 crore for FY22 one month ahead of the financial year-end. SJVN's CMD Nand Lal Sharma said that by incurring capex of Rs 5,007.89 crore by February 28, SJVN has achieved 100.16 percent of the targeted capex
Synopsis: A week after SJVN Ltd doubled its capacity expansion targets for short-term, medium-term and long-term, investors at an earnings call conference for Q3 placed a series of pertinent questions before the CMD as to how a Miniratna PSU with a small balance sheet hopes to fund such an aggressive capacity expansion plan
PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.
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