SJVN climbs on commissioning both units of Naitwar Mori Hydro Power Station

04 Dec 2023 Evaluate

SJVN is currently trading at Rs. 86.80, up by 1.82 points or 2.14% from its previous closing of Rs. 84.98 on the BSE.

The scrip opened at Rs. 87.74 and has touched a high and low of Rs. 88.19 and Rs. 86.11 respectively. So far 3228462 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 88.19 on 04-Dec-2023 and a 52 week low of Rs. 30.39 on 27-Mar-2023.

Last one week high and low of the scrip stood at Rs. 88.19 and Rs. 81.81 respectively. The current market cap of the company is Rs. 34087.04 crore.

The promoters holding in the company stood at 81.85%, while Institutions and Non-Institutions held 6.64% and 11.51% respectively.

SJVN has commissioned both the units of 60 MW Naitwar Mori Hydro Power Station (NMHPS) on River Tons, a major tributary of River Yamuna in Uttarkashi district of Uttarakhand. Both the units are now generating commercially after going through rigorous testing and successful synchronization with the national grid. With this achievement, the installed generation capacity of the company now stands at 2152 MW.

The project will generate 265.5 million units of electricity annually. The power will be evacuated through the 37 km long 220 KV Transmission Line from Bainol to Snail which has also been constructed by the Company. The project consists of a diversion structure which is 18.5 meters high and 50 meters long at the top. From this, water has been diverted into 4.33- kilometre-long Head Race Tunnel with a diameter of 5.6 meters. The power house, which is an underground structure, consists of two generating units of 30 MW each. The project has been designed for the discharge of 75.3 cubic meter per second, while the head is 90.76 meters.

After commissioning of the project, 12% free electricity will be supplied to the state of Uttarakhand as royalty. In addition, each Project Associated Family will be provided with an amount equivalent to the cost of 100 Units of electricity per month for ten years.

SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.


SJVN Share Price

103.50 -1.95 (-1.85%)
21-Nov-2024 16:59 View Price Chart
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