On account of its annual financial performance for the year 2012-13, public sector SJVN Limited has paid a dividend of Rs 255.99 crore to the government of India, which is holding 64.5 percent equity in the company.

SJVN had declared a total dividend of Rs 397.12 crore for FY 2012-13 which is 2.1 percent higher than the last years dividend of Rs 388.84 crore.  The dividend works out at 96 paisa per share of Rs 10/- each.

The dividend cheque was handed over to the union minister of state for power (independent charge) Jyotiraditya Scindia.

While handing over the cheque R P Singh, chairman and managing director of SJVN said that Nathpa Jhakri hydro power station of SJVN is completing 10 years of electricity  generation this year and the company had earned a net profit of Rs 1052.34 crore during the financial year 2012-13.