Satluj Jal Vidyut pays Rs.825 mn dividend to government

February 17th, 2009 - 8:47 pm ICT by IANS  

Sushil KumarShimla, Feb 17 (IANS) Indian public sector hydropower undertaking Satluj Jal Vidyut Nigam (SJVN), which operates the 1,500 MW Nathpa Jhakri hydropower project in Himachal Pradesh, Tuesday paid an interim dividend of Rs.825 million (Rs.82.5 crore) to the central government for this financial year, the company said.
Company chairman and managing director H.K. Sharma handed over the dividend cheque for the amount to Power Minister Sushil Kumar Shinde in Delhi.

Satluj Jal Vidyut is a joint venture between the Himachal Pradesh government and the central government, which holds 75 percent share in the company.

Last year, it had entered into an agreement with the Nepal government for the implementation of a power project there.

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