Jaiprakash Power Ventures Ltd 2021 AR2
The report highlights Jaiprakash Power Ventures Limited's operational and financial performance for the fiscal year 2020-21, during which the company operated an aggregate power generation capacity of 2,220 MW. Despite challenges from the COVID-19 pandemic, the company achieved a total saleable energy generation of 10,636.74 MUs, representing an increase of 834.54 MUs compared to the previous year. The company successfully implemented its Debt Resolution Plan, resulting in reduced finance costs and a turnaround to a net profit of Rs. 366.91 crore on a standalone basis. Additionally, the company completed the divestment of its 74% stake in the joint venture Jaypee Powergrid Limited to Power Grid Corporation of India Limited.
Company: Jaiprakash Power Ventures Ltd
Sector: Energy utilities
Country: India
Year: 2021
Type: AR2
Pages: 168
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Jaiprakash Power Ventures Ltd
Annual Report
The report highlights Jaiprakash Power Ventures Limited's operational and financial performance for the fiscal year 2020-21, during which the company operated an aggregate power generation capacity of 2,220 MW. Despite challenges from the COVID-19 pandemic, the company achieved a total saleable energy generation of 10,636.74 MUs, representing an increase of 834.54 MUs compared to the previous year. The company successfully implemented its Debt Resolution Plan, resulting in reduced finance costs and a turnaround to a net profit of Rs. 366.91 crore on a standalone basis. Additionally, the company completed the divestment of its 74% stake in the joint venture Jaypee Powergrid Limited to Power Grid Corporation of India Limited.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Published
Aug 6, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees