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Board of SJVN approves formation of a renewables subsidiary

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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.

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

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