In a PSU news update; R N Misra, Director (Civil), SJVNL , has been selected for the post of Chairman and Managing Director, SJVN Limited at a Public Enterprises Selection Board (PESB) meeting held on June 24, 2014.
SJVN Limited, a Mini Ratna & Schedule ‘A’ CPSU under the Ministry of Power, Govt. of India, is a joint venture between the Govt. of India & Govt. of Himachal Pradesh. Incorporated in the year 1988, the Company is fast emerging as a major power player in the country. The present authorized capital of SJVN is INR 7000 crores.
SJVN is successfully operating the country’s largest 1500 MW Nathpa Jhakri Hydropower Station and is setting new benchmarks in generation and maintenance year after year, after having tackled the silt erosion problems in under-water turbine parts
Beginning from a single hydropower project company, SJVN today has a footprint in a diversified set of power projects, which includes Hydroelectric Projects in Himachal Pradesh, Uttrakhand, Aurnachal Pradesh and in the neighboring countries of Nepal and Bhutan, a Thermal Power Project in Bihar, a Power Transmission Project in Nepal, Wind Power project in Maharashtra and Solar Power Projects in Gujarat & Rajasthan.
SJVN has expanded its horizons and has drawn up ambitious plans to develop into a fully-diversified trans-national power sector company having presence in various conventional and non-conventional forms of energy.
The flagship 1500 MW Nathpa-Jhakri Hydro Electric Power Station in Himachal Pradesh was commissioned in 2003-04. Company’s generation capacity is set to increase with the commissioning of 47.6 MW Khirwire Wind Power project in Maharashtra and 412 MW Rampur Hydro Electric Project in Himachal Pradesh.
SJVN has made its debut into the Thermal Power Generation by taking up the 1320MW Buxar Thermal Power Project in Bihar for execution. The Company has been allotted the Deocha-Pachami Coal Block in West Bengal for sourcing coal for the project. To implement this project, SJVN has floated ‘SJVN Thermal Pvt. Limited’, a fully owned subsidiary of the company.
SJVN has signed an MoU to develop and operate the 4000 MW Ultra Mega Solar Project in Sambhar area of Rajasthan with five other PSUs: BHEL, PGCIL, SSL, REIL and SECI. SJVN has 16% equity in the country’s largest Solar Energy project.
Besides, SJVN has planned other Hydel projects of a total generation capacity of 5492 MW which are under various stages of clearances. SJVN has also planned 400 KV Transmission Lines for evacuation of power from Arun III Hydro Electric Project in Nepal.
SJVN is committed to generating reliable and eco-friendly power by means of state-of-art technology, excellence in engineering and continual improvement in quality management. SJVN, as a technology-savvy corporation, has established and is following sound business, financial and regulatory policies. SJVN believes that employees are its most valuable assets and has evolved a growth oriented development strategy for its Human Resources.
SJVN – A Mini Ratna Company
SJVN Limited was conferred with the prestigious “Mini Ratna: Category-I” status by the Government of India in the year 2008.
SJVN – Schedule ‘A’ Company
Meeting the criteria laid down by the Department of Public Enterprises, SJVN on qualifying both qualitative and quantitative parameters was upgraded as Schedule ‘A’ PSU in 2008.