Sharma leads SJVN to emerge as the most efficient and profitable Mini Ratna Company
MUMBAI, June 05 (The CONNECT) - Dalal Street Investment Journal (DSIJ) conferred PSU Award of the Year 2020 on Nand Lal Sharma, Chairman & Managing Director, SJVN. The award was conferred in recognition of the outstanding contribution by Sharma to make SJVN most efficient and profitable Mini Ratna Company of the year 2020.
Under leadership of Sharma, SJVN has emerged as a major player in power sector in India and neighboring countries. SJVN currently is constructing seven (7) Power Projects with capacity of around 3300 MW in India, Nepal and Bhutan. His persistent and unrelenting efforts have resulted in allocation of more than 10 Power Projects in India & Abroad in last two years. SJVN has set ambitious targets of becoming a 5000 MW company by 2023, 12000 MW company by 2030 and 25000 MW company by 2040.
SJVN will invest Rs 30,000 crores in next five years and Rs 60,000 crores in next ten years in various projects in India and abroad. This will result in employment generation, infrastructure development and socio-economic growth.
SJVN’s present installed capacity is 2016.51 MW with portfolio of around 9000 MW, having presence in various sectors of energy generation which includes Hydro, Wind, Solar & Thermal. The company also has presence in the field of Energy Transmission.
Established in 1986, the Dalal Street Investment Journal (DSIJ) is India’s leading equity research and capital investment magazine which cater to the needs of its reader-investors.