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| CVPPPL celebrates 11th formation day | | | 
EARLY TIMES REPORT
JAMMU, June 13: Chenab Valley Power Projects (P) Ltd (CVPPPL) celebrated its 11th Raising Day today at CVPPPL Corporate Office, Jammu; Project Sites at Kishtwar and Camp Office, Faridabad.
Suresh Kumar, IAS (Retd) Chairman and AK Choudhary, Managing Director congratulated the employees and their families on this occasion. CVPPPL was incorporated on this day in the year 2011 to tap the vast hydro potential of Chenab basin in J&K.
Due to Covid-19 restrictions a formal function was not organized. A recorded cultural programme of employees of Corporate Office and Projects was web cast through zoom app. This day was celebrated with the weaker section of the society and contract workers by distributing grocery items and with Covid-19 prevention material amongst the children of Baalgran and Mentally Challenged home at Channi Rama, Jammu and Balashram & Ashiana Orphanage Kishtwar.
In his address, AK Choudhary, MD CVPPPL said that inspite of prevailing Covid-19 pandemic conditions, works on Pakal Dul HE Project (1000 MW) and Kiru HE Project (624 MW) is going on at all fronts. During the year, CVPPPL has achieved many milestones. Diversion Tunnel of Pakal Dul HE Project & Kiru HE Project has been day lighted on 27.08.2020 and 01.03.2021 respectively ahead of schedule and river diversion of both the projects is likely to be achieved in October/November’2021.
Choudhary also informed that the CVPPPL Board has approved to raise the Authorized Share Capital of the company from Rs 3500 crores to Rs 5100 crores and the same shall be placed in the next General Meeting of shareholders for approval. |
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