UJVNl pays loan of Rs8.82 cr to State

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The Uttarakhand Jal Vidyut Nigam limited (UJVNl) is committed to fulfil its loan payment obligations. The Managing Director of UJVNl, J P Patel said that the corporation has paid back Rs8.82 crore to the State Government in the financial year 2014-15. He said that Rs6.29 crore was paid to Power Finance Corporation as an installment for guarantee money of the loan UJVNl took for the Maneri Bhali phase II project.  Patel informed that UJVNl has also paid Rs2.58 crore as interest and Rs4.57 lakh as principal amount for the various loans it has taken. He said that efforts are being made for timely repayment of all the outstanding loans.   

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