Jaiprakash Power Ventures Ltd resumes operations at 400 MW Vishnuprayag Hydro Electric Project

Jaiprakash Power Ventures Ltd had earlier announced about the Force Majeure event leading to the closure of the Power Generation at the Company's 400 MW Vishnuprayag Hydro Electric Project due to river water gushing into the Tail Race Tunnel of the Project resultant of the unfortunate recent tragedy in Dist Chamoli of Uttarakhand.

After carrying out extensive cleaning of the Tail Race Tunnel of the Project and other associated systems and thorough checking of all elements of the Project, the company has resumed operations at 400 MW Vishnuprayag HEP on the auspicious occasion of Maha Shivratri on 11th March, 2021 at 3:00 P.M.

The company is thankful to all its stakeholders and in particular to the District Administration & Government of Uttarakhand for all their assistance in achieving the resumption of generation.

Shares of Jaiprakash Power Ventures Limited was last trading in BSE at Rs.2.79 as compared to the previous close of Rs. 2.66. The total number of shares traded during the day was 8941579 in over 530 trades.

The stock hit an intraday high of Rs. 2.79 and intraday low of 2.79. The net turnover during the day was Rs. 24947005.

Source : Equity Bulls

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