SJVNL targets 8,520 MUs of power generation in FY'15-16

State-owned power generation utility SJVNL has set a target of producing 8,520 million units of electricity in the current fiscal.
"During the financial year 2015-16, SJVNL plans energy generation of 8,520 million units (MU) with an expected sales turnover of Rs 2,224 crore from its 1,500 MW Nathpa Jhakri, 412 MW Rampur hydro and 47.6 MW Khirvire wind power projects," the company said in a regulatory filing to the stock exchange.
The company has signed a Memorandum of Understanding (MoU) with the Ministry of Power regarding the targets for the fiscal 2015-16.
The preliminary pact also targets for implementation of 1,320 MW Buxar thermal power project in Bihar and 80 MW Doimukh hydro power project in Arunachal Pradesh.

SJVNL also said that against the target of generating 7,920 MUs for FY'2014-15, the power stations of SJVNL has generated around 8,130 MUs.
Shares of SJVNL closed at Rs 24.85, up 0.81 per cent on the BSE.