SJVN achieves record 90 per cent capex target in Apr-Dec

State-owned SJVN NSE 0.82 % Ltd on Thursday said it has achieved a record 90 per cent capital expenditure target in April-December 2021. “State-owned SJVN Ltd has achieved a record 90 per cent capital expenditure budget utilisation target set for the financial year 2021-22 a quarter ahead of the year, in December 2021,” the company said in a statement.

SJVN Chairman and Managing Director Nand Lal Sharma said that by achieving 90 per cent capex utilisation target of Rs 4,510 crore by December 31, the company has emerged as one of the top performers among central power PSUs.

The capital expenditure is on several ongoing projects of the company in hydro, thermal, wind and solar sectors.