SJVN subsidiary joins hands with PTC India
SJVN subsidiary SAPDC – New Delhi: SJVN Arun-3 Power Development Company Pvt. Ltd. (SAPDC), a wholly owned SJVN subsidiary and PTC India Limited have signed a Memorandum of Understanding for the sale of electricity to be produced by the 900 MW Arun-3 Hydro Electric Project and the 669 MW Lower Arun Hydro Electric Project.
In the dignified presence of Sh. Rajib Kumar Mishra, Chairman & Managing Director, PTC India Ltd., and Sh. Nand Lal Sharma, Chairman & Managing Director, SJVN Limited, the MoU was signed.
Both projects are being carried out in Nepal by SAPDC, a fully owned SJVN subsidiary.
On this occasion, the MOU was signed by Sh. Jitendra Yadav, Chief Financial Officer, SAPDC, and Sh. Bikram Singh, Executive Vice President, PTC India, in the presence of Sh. A. K. Singh, Director(Finance), SJVN and other senior officials from SJVN and PTC.