Don’t miss the latest developments in business and finance.

Board of SJVN approves formation of a renewables subsidiary

Image
Capital Market
Last Updated : Nov 12 2021 | 4:53 PM IST

At meeting held on 12 November 2021

The Board of SJVN at its meeting held on 12 November 2021 has approved the formation of a wholly owned subsidiary company for development of renewable energy, small hydro and green hydrogen project, subject to approval of Government of India.

The Board has also accorded its investment approval to contribute initial equity of Rs.50 Crores by SJVN in the proposed subsidiary company.

Powered by Capital Market - Live News

Also Read

First Published: Nov 12 2021 | 4:44 PM IST

Next Story