Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Stock Report

| More

Jaiprakash Power Ventures Ltd updates on 400 MW Vishnuprayag Hydro-electric Plant at Chamoli, Uttarakhand

Posted On: 2021-02-07 22:16:07 (Time Zone: Arizona, USA)

On 7/2/2021 an unusual event took place in the river basin of Dhauli Ganga in District Chamoli (Uttarakhand)between 9.30 am to 11 am.

Unfortunately a Glacier plunged in Raine village of Dist Chamoli causing river to rise rapidly leading to swollen river level for some time which caused damage to life, property and projects falling in direct contact of flow of the river.

Jaiprakash Power Ventures Ltd, has a 400 MW Vishnuprayag Hydro Electric Project with its Barrage over Alaknanda River, and Project's Tail Race Tunnel discharging water in river DhauliGanga.

As a responsible corporate operating in Uttarakhand for over 30 years we are saddened by this tragedy caused due to events beyond the control of all and an act of nature.

As a responsible Corporate, JPVL wish to clarify that:

a) Sudden development of the Force Majeure event led to the closure of the power generation.

b) River water gushed in through the Tail Race Tunnel of the Project bringing with it the slush.

c) We are analysing all aspects and assessing the time to bring back the Project to its pre closure status (operations were stopped at 11 am on 7th Feb due to this tragic Glacier event).

d) We remain confident that VHEP will be resuming operations after completing the cleaning / and checking all aspects in a few days.

JPVL is providing full assistance & assurance to the District Authorities since 7th Feb in relief operations and will continue to provide all humanitarian aid.

JPVL is available t6 address the queries if required.

With our prayers for well being of all the fellow residents of Dev Bhumi Uttarakhand.

Shares of Jaiprakash Power Ventures Limited was last trading in BSE at Rs.2.74 as compared to the previous close of Rs. 2.8. The total number of shares traded during the day was 3191791 in over 11148 trades.

The stock hit an intraday high of Rs. 2.83 and intraday low of 2.73. The net turnover during the day was Rs. 8865345.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

Promoters of Capacite Infraprojects Limited have sold shares worth Rs. 70.56 crores

B L Kashyap and Sons Ltd secures new orders of Rs. 135 crores

CRIISL reaffirms ratings of Thomas Cook India Limited

Ushdev International Ltd consolidated Q4FY21 loss at Rs. 1.90 crore

Simplex Castings Ltd Q4FY21 consolidated PAT at Rs. 9.93 crore

Mallcom India Ltd Board approves final dividend of Rs. 3

Patels Airtemp India Ltd board recommends dividend of Rs. 2.50 for FY21

NTPC Ltd board recommends final dividend of Rs. 3.15

Karur Vysya Bank donates 10 ambulances to TN Health Systems Project in the presence of Honorable CM of Tamil Nadu under CSR initiative

Mallcom India Ltd reports consolidated PAT of Rs. 10.38 crores in Q4FY21

Continental Chemicals Ltd posts Rs. 9.97 lakhs PAT in Q4FY21

Patels Airtemp India Ltd Q4FY21 consolidated net profit slips to Rs. 3.01 crore

NTPC Ltd reports Rs. 4649.49 crores consolidated PAT in Q4 FY2020-21

Craftsman Automation Limited's Ratings upgraded to 'CRISIL A / Stable / CRISIL A1

Apollo Proton Cancer Centre Organises Drive-thru Vaccination Camp

HLV Limited board approves preferential issue to promoter group

Alkem Laboratories receives 2 observations from USFDA for manufacturing facility located at St. Louis, USA

Raj Packaging Industries Ltd Board recommends Final Dividend of 5%

HDFC to sell 3,55,67,724 shares of HDFC ERGO to HDFC Bank Ltd

HDFC Bank to classify Aruna Hotels Ltd's bank account as Standard Account effective Q1 FY2021-22

KDDL Ltd Board approves Dividend of Rs. 1.50

Sheela Foam celebrates 50 years of bringing healthy comfort to your lives

Apollo Hospitals Chennai introduces Sputnik V vaccination

Galaxy Surfactants Ltd. launches their new Homecare brand Galaxy Hearth™

Kernex Microsystems India Ltd Q4FY21 consolidated PAT jumps to Rs. 3.04 crore

Asian Energy Services Ltd reports Rs. 2.57 crore consolidated PAT in Q4FY21

HLV Ltd Q4FY21 loss at Rs. 1.42 crore

Muthoot Capital Services Ltd Q4FY21 PAT slides to Rs. 9.05 crore

Galaxy Bearings Ltd Q4FY21 PAT lower at Rs. 2.01 crore

Shiva Suitings Ltd Q4FY21 loss at Rs. 3.61 lakhs

Raj Packaging Industries Ltd reports net profit of Rs. 68.05 lakhs in Q4 FY2020-21

Nila Infrastructures Ltd Q4FY21 consolidated PAT at Rs. 4.64 crore

Vakrangee Ltd posts Q4FY21 consolidated PAT of Rs. 20.79 crores

ICICI Bank Outlook revised to Stable from Negative, ratings affirmed

CRISIL downgrades rating on long-term bank facilities of BHEL

TIMKEN India Ltd board recommends final dividend of Rs. 1.5

HDFC Bank Ltd board recommends dividend of Rs. 6.50

Birla Cable Ltd Board recommends dividend of Rs. 1

Precot Limited Q4FY21 consolidated PAT at Rs. 29.05 crores

RattanIndia Power Ltd Q4FY21 consolidated PAT at Rs. 39.32 crores

TIMKEN India Ltd posts net profit of Rs. 52.93 crores in Q4FY21

GMR Infrastructure Ltd Q4FY21 consolidated loss at Rs. 723.36 crores

Revathi Equipment Ltd Q4FY21 consolidated loss at Rs. 1.37 crore

Birla Cable Ltd reports net profit of Rs. 6.32 crores in Q4FY21

India Motor Parts and Accessories Ltd board recommends dividend of Rs. 10

ALTBalaji direct subscriptions up 42% year on year

Centrum and BharatPe Set To Create A New Age Bank

K P International Pvt Ltd announces expansion project

Texprocil honours Trident - Gold Trophy in the category of highest global exports

NBCC India Ltd awards EPC order to NCC Ltd

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020