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StatesPosted at: Oct 3 2016 7:50PM


SJVN pays Rs 293.33 cr dividend to Centre

Shimla, Oct 3 (UNI) On account of its annual financial performance for the year 2015-16, Public Sector SJVN Limited has paid a dividend of Rs 293.33 crore to the Union government, holding 64.5 per cent equity in the Company.
SJVN had declared a total dividend of Rs 455.03 crore for FY 2015-16 which is the highest paid so far. An amount of Rs 168 crore has already been paid to the Centre as interim dividend and the cheque for the remaining amount of Rs 125.33 crore as final dividend is now released. Last year SJVN paid a total dividend of Rs. 434.35 crore.
The dividend cheque was handed over to Union Minister of State for Power Piyush Goel by R N Misra CMD, SJVN Limited at New Delhi.
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