Started selling power from three units of Rampur project: SJVN

As home state, Himachal Pradesh will buy 30% of electricity generated by plant and will get an additional 12% free

SJVN Ltd today said it has started selling power from three units of the Rampur Hydro Electric Project in Himachal Pradesh.

Units 1, 2 and 5 of the project have started commercial operations, state-owned SJVN said in a regulatory filing to the stock exchange.

The 412 MW plant has six units, each with a capacity of 68.66 MW. The full project, which has the potential to generate 1,770 million units of electricity each year, is scheduled to be commissioned by June.

As the home state, Himachal Pradesh will buy 30% of the electricity generated by the plant and will get an additional 12% free.

The remainder output will be supplied to other parts of the northern region - Haryana, Jammu & Kashmir, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand, Chandigarh and Delhi.

The estimated cost of the World Bank-backed project is Rs 2,047.03 crore.

Shares of SJVN, formerly known as Satluj Jal Vidyut Nigam Ltd, closed at Rs 22.90, down 1.93% on the BSE.