Addressing a press conference, SJVNL Chairman and Managing Director Nand Lal Sharma said the company has made rapid strides in the past 35 years and not only made foray into wind and solar energy, but also got projects in other states and foreign countries, including Nepal and Bhutan.
The net profit fell by 29 percent to Rs 564 crore in second quarter of FY16, whereas the financial costs increased to Rs 97 crore against Rs 14.3 crore in the same quarter previous fiscal.
The sixth and last 68.67 MW unit of the projectÂ’s power house located at village Bayal in district Kullu was commissioned while the first unit of identical installed capacity was commissioned on March 20, 2014.