Transmission Tower Collapse Forces Temporary Shutdown at Sikkim Hydro Power Plant
Sarda Energy & Minerals Limited has confirmed a disruption at the Sikkim Hydro Power Plant, which is operated by Madhya Bharat Power Corporation Ltd., a subsidiary of the Company. The plant experienced a temporary shutdown following the collapse of one transmission tower.The incident occurred on June 18, 2026, when heavy rains led to the failure of the transmission tower at the hydroelectric facility. This structural damage has necessitated the temporary suspension of operations at the hydro power plant.
Sarda Energy & Minerals Limited is currently conducting an assessment to determine the extent of the damage and the timeline required to fully restore operations at the Sikkim Hydro Power Plant.
Regarding the resulting losses from the incident, the Company stated that the incurred costs are covered under existing insurance provisions.
SARDAEN Stock Price Movement
Shares of Sarda Energy & Minerals Limited closed down today, shedding 0.59% and settling at ₹519.55. The stock saw a traded volume of 170,312 shares throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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