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SJVN CMD R N Misra does India proud, is now 'International Icon'

 M Post Bureau |  2017-04-21 17:04:45.0  |  Shimla

SJVN CMD R N Misra does India proud, is now

R N Misra, Chairman & Managing Director, SJVN Limited, has been honoured with International Icon Award, while SJVN has been awarded with Gold Medal by Institute of Economic Studies at a function held at Kuala Lumpur, Malaysia recently. 

 R N Misra told that Hydro Power generation being core strength of the company, the engineers of SJVN had been successful in achieving the records with efficient machine and water management at its two operating power plants in Himachal Pradesh with an installed capacity of 1912 MW.  Taking advantage of the lean season, he told, the project engineers had already completed the annual maintenance of the machines in a record time. The machines of the two power plants are ready to perform at their full efficiency during the upcoming summer season.

He further told that on account of its excellent financial performance, the company had declared the highest ever interim dividend of Rs 930.74 crore at the rate of Rs 2. 25 per share. The Centre having 64.46 per cent equity holding in the company was paid Rs 599.99 crore while the Himachal Pradesh government holding 25.51 per cent equity was paid Rs 237.38 crore, he told. General public holding 10.03 per cent of the equity had been paid Rs 93.37crore.

He informed that SJVN had now successfully ventured into the field of Solar Power Generation with the commissioning of 5 MW Charanka Solar Power Project in Gujarat during 2016-17. Misra attributed the success of company to the hard work and efforts of all the employees and congratulated them for achieving the targets set by Union Power Ministry.

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