SJVN paid Interim Dividend of Rs. 121.33 crores for FY 2024-25 to Himachal Govt

Shimla: SJVN, a leading Navratna CPSE has paid Interim Dividend of Rs.121.33 crores for FY 2024-25 to Government of Himachal Pradesh. The interim dividend cheque was handed over to Sh. Sukhvinder Singh Sukhu, Hon'ble Chief Minister of Himachal Pradesh by Sh. Ajay Kumar Sharma, Director (Personnel), SJVN in Shimla today. On this occasion, Sh. Anirudh Singh, Minister of Rural Development & Panchayati Raj was also present.

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On this occasion, Sh Ajay Kumar Sharma, Director (Personnel) informed that for the financial year 2024-25, an interim dividend of Rs. 451.93 crores have been declared by the company. He further said that Rs.248.55 crore has been paid to Government of India and Rs. 82.05 crores has been paid to public shareholders as interim dividend. Government of Himachal Pradesh is holding 26.85% shares of company while 55% shares are with Government of India & rest 18.15% are with public.

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Presently, SJVN is implementing 95 power projects in Pan India and in neighboring country Nepal, in the energy verticals of hydro, solar, wind, pumped storage, and thermal power generation. The installed capacity of the company is 2,708.27 MW, and total project portfolio is 66107.4 MW. In line with its ambitious growth strategy, SJVN has set a target to become a 25,000 MW company by 2030 and 50,000 MW by 2040, marking significant strides toward national energy security and sustainability.

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