SJVN Bags 679 MW Lower Arun Hydro Electric Project in Nepal

The Investment Board of Nepal in its meeting on 29.01.2021, chaired by Hon'ble Prime Minister of Nepal, Sh. K.P. Sharma Oli has awarded the 679 MW Lower Arun Hydro Electric Project in Nepal to SJVN through Competitive Bidding Project to SJVN.

The Lower Arun Hydro Electric Project is located in Sankhuwasabha and Bhojpur Districts of Nepal. On completion 679 MW Lower Arun Hydro Electric Project will generate 3561 million units of electricity per annum.

SJVN is already constructing 900 MW Arun 3 HEP in Nepal and 217km 400 kV associated transmission system.

Shares of SJVN Ltd was last trading in BSE at Rs.25 as compared to the previous close of Rs. 24.9. The total number of shares traded during the day was 68642 in over 206 trades.

The stock hit an intraday high of Rs. 25.45 and intraday low of 24.8. The net turnover during the day was Rs. 1717833.

Source : Equity Bulls

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