Thursday, October 8, 2009

Ministerial action on 8 October 09- SJVN paid dividend worth Rs 157.50 crore to Government for FY08

SJVN paid dividend worth Rs 157.50 crore to Government for FY08

Satluj Jal Vidyut Nigam Limited
, a Mini Ratna Central Public Sector Undertaking, a joint venture between the Government of India & Government of Himachal Pradesh, has paid a total dividend of Rs 320 crore (Interim Rs. 110 crore and Final 210 crore) for the financial year 2008-09. Towards the 75% equity participation of the Government of India a proportionate final dividend of Rs. 157.50 crore for the financial year 2008-09, SJVN Ltd. paid to the Ministry of Power, Govt. of India here today. The dividend cheque was handed over by Hemant Kumar Sharma, CMD to H S Brahma, Secretary (Power), Government of India in the presence of senior officers of the Ministry and SJVN Ltd.

Courtesy: Ministry of Power release

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