SJVN has been awarded 70 MW grid connected Solar Power Project in the state of Gujarat.

In terms of the LOA dated 26 March 2021 issued by Gujarat Urja Vikas Nigam (GUVNL), SJVN will develop 70 MW Solar Power Project including arrangement of land with long term connectivity with Grid. Tariff of the electricity supplied will be Rs. 2.21 / KWh and power generated from this project will be procured by GUVNL for 25 years.

These projects will support SJVN in achieving its ambitious shared vision of electricity generation of 5000 MW by 2023, 12000 MW by 2030 and 25000 MW by 2040 and simultaneously contribute towards RE capacity addition target of 1 75 GW by 2022 set by Government of India.

Powered by Capital Market - Live News

Central Bank of India, Magma Fincorp Ltd, Himadri Speciality Chemical Ltd and Capri Global Capital Ltd are among the other losers in the BSE's 'A' group today, 23 February 2021.

SJVN Ltd tumbled 8.59% to Rs 25.55 at 14:49 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 2.99 lakh shares were traded on the counter so far as against the average daily volumes of 2.75 lakh shares in the past one month.

Central Bank of India lost 7.29% to Rs 18.06. The stock was the second biggest loser in 'A' group.On the BSE, 76.51 lakh shares were traded on the counter so far as against the average daily volumes of 47.05 lakh shares in the past one month.

Magma Fincorp Ltd crashed 4.97% to Rs 112.9. The stock was the third biggest loser in 'A' group.On the BSE, 91713 shares were traded on the counter so far as against the average daily volumes of 2.4 lakh shares in the past one month.

Himadri Speciality Chemical Ltd pared 4.48% to Rs 41.55. The stock was the fourth biggest loser in 'A' group.On the BSE, 75.5 lakh shares were traded on the counter so far as against the average daily volumes of 6.65 lakh shares in the past one month.

Capri Global Capital Ltd corrected 4.18% to Rs 342.9. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.13 lakh shares were traded on the counter so far as against the average daily volumes of 77423 shares in the past one month.

Powered by Capital Market - Live News

Net profit of SJVN declined 8.57% to Rs 196.65 crore in the quarter ended December 2020 as against Rs 215.08 crore during the previous quarter ended December 2019. Sales rose 1.10% to Rs 493.87 crore in the quarter ended December 2020 as against Rs 488.49 crore during the previous quarter ended December 2019.

Powered by Capital Market - Live News

SJVN has fixed 24 February 2021 as record date for interim dividend of Rs 1.80 per share for FY 2021. The dividend will be paid from 01 March 2021.

Powered by Capital Market - Live News