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SJVN Generates 8489 MU Power in FY24: CMD

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By Rediff Money Desk, New Delhi   Sep 19, 2024 18:24

SJVN generated 8,489 million units (MUs) of green energy in FY24, despite challenging hydrological conditions. The company achieved record daily and monthly generation, with revenue of Rs 2,533.59 crore and PAT of Rs 908.40 crore.
SJVN Generates 8489 MU Power in FY24: CMD
New Delhi, Sep 19 (PTI) State-owned SJVN generated 8,489 million units (MUs) of green energy from its operational hydro, solar and wind power stations in 2023-24, a top company official said.

SJVN CMD Sushil Sharma made the remarks at the company's 36th Annual General Meeting (AGM) for the 2023-24 financial year.

"Despite facing challenging hydrological conditions due to climate change, SJVN demonstrated resilience in its operations. In FY24, the company generated 8,489 MUs from its operational hydro, solar and wind power stations," a company statement quoted Sharma as saying.

The power stations set new records, including highest-ever daily generation of 39.570 million units (MU) and 10.971 MU by 1,500 MW NJHPS (Nathpa Jhakri Hydro Power Station) and 412 MW Rampur HPS, respectively, in July 2023.

The highest-ever monthly generation of 1,590.072 MU was recorded from all operational projects in August 2023 and Rampur HPS also achieved the highest-ever monthly generation of 337.165 MU during the month.

During 2023-24, the company clocked standalone revenue of Rs 2,533.59 crore and standalone profit after tax (PAT) stood at Rs 908.40 crore.

SJVN paid a dividend of Rs 1.80 per share for 2023-24.
Source: PTI
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