SJVNL records all-time high revenue of Rs.3,261 crore

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SHIMLA: Public sector Satluj Jal Vidyut Nigam Ltd (SJVNL) on Tuesday announced that it recorded all-time high revenue of Rs.3,261.10 crore in the last fiscal, registering a 54.50 percent increase over the Rs.2,110.72 crore earned during the same period of last fiscal.

The company registered a 50.43 percent increase in profit after tax at Rs.1,676.75 crore against Rs.1,114.63 crore in the previous year, SJVNL's chairman and managing director R.N. Misra said at the annual general meeting here.

The profit after tax this year was also the highest since commencement of commercial operations of the company in 2004, he said.

With the phenomenal increase in profits, the earning per share of the company has increased from Rs.2.69 per equity share of Rs.10 to Rs.4.05 per share, he added.

Besides the 1,500 MW Nathpa Jhakri plant - India's largest hydro project - in Kinnaur district of Himachal Pradesh, the company's two other operational projects are 412 MW Rampur Hydro Electric Project also in the hill state and 47.6 MW Khirvire Wind Power Project in Maharashtra.

SJVNL is a joint venture between the central and the Himachal Pradesh governments. The former holds 74.5 per cent stake, while the remaining 25.5 per cent is held by the state government. However, the central government sold 10 percent equity in May 2010.

Chandika Temple Kothi

Temples

A handsome temple dedicated to goddess Chandika, more especially designated as Shuwang Chandika has spread the fame of village Kothi in greater part of the district.The local people hold the goddess in great reverence and consider her to be one of the most powerful goddess. For want of social contact by the local people with their more advanced and brahmin ridden brethren they have evolved their own peculiar procedure of ritual and worship to this presiding deity. There is an image of gold, seated in an ark. It is danced up and down by four persons at the time of worship.
Her legend goes that she was the daughter of the demon devta Banaasur who presided over the Kinnaur. He had 18 sons and daughters. Chandika was the eldest among all. She presided over Sairag the heart of Kinnaur. But establishing her hold on the area was not so easy. The thakur of Chini ruled Sairag with a aid of a powerful demon. To defeat this enemy, Chandika took the aid of a cunning female relative called Byche. Byche duped the demon into placing his long hair between the grinding stones of a water mill. Then Chandika sprang on the helpless giant and severed his head with her sword. But a new head immediately replaced the old. Repeated swishes of her sword only brought forth more grinning faces. Frustrated and tiring, Chandika was soon in danger of drowning in the sea of blood created by her actions. Forsaking her pride, she appeared to her brothers for assistance. Chagaon Maheshwar responded and told her to kill the life sustaining beetle, hovering over the demon's head. Chandika maintains her chief abode at Kothi in the middle of Sairag.

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