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.
Shares of SJVN Ltd was last trading in BSE at Rs.24.55 as compared to the previous close of Rs. 24.45. The total number of shares traded during the day was 48630 in over 220 trades.
The stock hit an intraday high of Rs. 24.75 and intraday low of 24.45. The net turnover during the day was Rs. 1192756.