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BSE SENSEX
73,651.35
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Corporate Announcement
Security Code
533206
Company
SJVN Ltd
Exchange Received Time
07/11/2019 11:17:56
Exchange Disseminated Time
07/11/2019 11:18:01
Time Taken
00:00:05
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements |
11/07/19 11:17
In Compliance with Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, this is to inform you that the Government of Himachal Pradesh has decided to allot Reoli Dugli Hydro Electric project to SJVN Limited located in Lahaul Spiti District on river Chenab in the state of Himachal Pradesh.
The proposed estimated investment on the project is Rs. 5000 crores. The proposed commencement of production from the project is 66 months after investment approval.
The template MoU for the project was signed with GoHP on November 06, 2019 and this MoU is only for carrying out investigation works. Implementation Agreement for the project shall be signed after ascertaining the feasibility of the project.
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