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28 Jan 2016

STOCK MARKET- A MINIRATNA LOW PRICED SHARE.


Hi Friends, SJVN Ltd.:   Infrastructural development, especially Power Sector development and reforms are expected to remain top priority of present Government.  The new Govt. has already given the first signals of positive change in form of unification of Power, Coal & MNRE Ministries which may prove to be a huge boost to Power Sector in the long run.  The Power Sector is still in nascent stage of growth.  The annual per capita power consumption in India is still quite low compared to developed countries.  This growth scenario ensures ample room for both the public and private players to grow, both complementing each other in the endeavour of economic development and nation building.

In the era of global environmental awareness and climate change, clean and green renewable energy sources like solar and wind shall continue to remain favourite world over, in the times to come.  According to projection by the International Energy Agency, solar power generators may produce most of the world’s electricity within 50 years.  With this foresight, renewable energy will remain one of the major thrust areas of the Company in the times to come.

Continuing with organizations rapid strides in taking up hydro projects in the neighbouring countries, SJVN signed a Project Development Agreement for implementation of 900 MW Arun-3 Hydro Electric Project, with Govt. of Nepal at Kathmandu in the presence of Hon’ble Prime Minister of Nepal.  SJVN is committed to present exemplary demonstration of project implementation capabilities in these countries, possessing vast hydro potential, to open up new vistas for the organization in future.

Strengthening our foothold in the state of Arunachal Pradesh, having immense opportunities in the area of Hydro Power Development, an MOU has been signed with the Govt.of Arunachal Pradesh for implementation of 80 MW Doimukh Hydro-electric Project.  SJVN has continued efforts to bring other hydro projects in Himachal Pradesh, Uttarakhand as well as Thermal Project in the state of Bihar to take off stage.  The Central Government has announced ambitious plans for setting up 100 GW of Solar Power capacities by 2022.  This company is well poised to take advantage of any opportunity in this area.   SJVN has signed an MOU with Hindustan Salt Ltd. for development of Ultra Mega Hybrid Renewable Energy (Solar & Wind) Park.

During the year, the Company also signed a memorandum of association with six other state run Government Power Generating Companies for the formation of a JV Company for mining of Deocha-Pachami Coal Block. .  NJHPS, RHPS and KWPP together generated 8136.  13 MU of Power against combined MOU target of 7920 MU.  For its exceptional operational, financial and organizational performance this company has received Excellent MOU performance rating for the third year in a row.  The physical progress made by the organization is also manifested in the financial health of the company.  Total revenue has zoomed by 54.50% to all time high of Rs.3261.10 crore.  Similarly, an increase of 50.43% was recorded in the Profit after Tax during the year to Rs.1676.75 crore which is the highest since inception of the company.  The company’s EPS during the year has increased to Rs.4.05 against Rs.2.69 during the previous year.

As per MOU for 2015-16, signed with MOP, SJVN targets to generate 8520 MUs of power under excellent parameters with target revenue realization from sale of energy at Rs.2224 crore from NJHPS, RHEP and Khirvire Wind Power Project collectively.  SJVN Ltd. is a future Blue Chip Company owned by Govt. of India & Govt. of Arunachal Pradesh and having sufficient cash reserve, better dividend paying and professionally managed team, look the future of the company is very encourage able.  Share is a bet buy for long term investment.

Good Luck.                                                                                       See You Later.

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