The state-run Sardar Sarovar Narmada Nigam Limited (SSNNL) incurred losses worth Rs 1,156 crore in the financial year 2021-22, thanks to a dip in the sale of electricity from the Narmada dam and rising expenses. The annual report of the company, tabled during the recently concluded budget session of the Gujarat Assembly, shows a 56 per cent rise in losses as against the Rs 739 crore posted in the previous financial year.
The company set up by the Gujarat government to execute, operate and maintain the Sardar Sarovar Project comprising the dam, canal system and hydropower project saw a dip in its income from operations and a rise in expenses in 2021-22. The revenue, which includes an income of Rs 978 crore from operations,
