About SJVN Ltd
SJVN was originally formed as a joint venture between the Government of India and the Government of Himachal Pradesh. The company is headquartered in Shimla, Himachal Pradesh, a fitting location given the state's abundant hydropower potential. The Government of India is the majority shareholder, holding 55 % of the company’s shares, while the Government of Himachal Pradesh owns a 26.85% stake. This government backing has allowed SJVN to grow and diversify over the years. Their registrar's office is situated at 1E/13, Alankit Heights, Jhandewalan Extension, in New Delhi. Here is a list of their top managing promoters -
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Sushil Sharma
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Akhileshwar Singh
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Udeeta Tyagi
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Saroj Ranjan Sinha
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Danveer Singh Yadav
SJVN's primary focus is on producing renewable energy through hydroelectric, wind, and solar power projects. While it’s best known for its work in hydroelectric power, the company has increasingly ventured into other forms of renewable energy. They have done this to adapt to the global shift toward sustainable energy solutions. SJVN also has a hand in power trading and transmission and offers consultancy services to other energy companies.
SJVN is not the biggest player in India’s renewable energy sector based on market capitalization or market share. Still, its contributions, particularly in hydroelectric power generation, are significant. It plays an essential role in India’s push towards cleaner energy sources.
A Look into SJVN’s History
SJVN’s roots date back to 1988, when it was first established under the name Nathpa Jhakri Power Corporation. Its initial focus was on developing the Nathpa Jhakri Hydro Power Station, one of the most ambitious hydroelectric projects in India. This power station, located on the Sutlej River in Himachal Pradesh, marked the start of SJVN’s journey in the renewable energy space.In the early years, the company faced various challenges in getting the Nathpa Jhakri Hydro Power Station up and running. However, SJVN’s determination paid off when the project was successfully commissioned in 2003, delivering a total capacity of 1,500 MW. This marked a major milestone, not just for the company but for India’s overall hydroelectric power generation capacity. With this achievement, SJVN began establishing itself as a key player in India’s energy sector.
Following the success of its first major project, SJVN didn’t stop there. In 2004, the company took over the Rampur Hydro Power Station project, also located in Himachal Pradesh. This station, which has a capacity of 412 MW, was commissioned in 2014. It further solidified SJVN's reputation in the hydroelectric sector.
In 2002, the company decided to rebrand itself as Satluj Jal Vidyut Nigam Limited (SJVN). This reflected its commitment to developing hydroelectric power along the Sutlej River. However, as the company continued to expand beyond its initial focus, it underwent another name change in 2009, adopting the name SJVN Ltd. This change was symbolic of its transition from a company focused solely on one service or product to a broader enterprise.
While SJVN's roots are firmly planted in hydroelectric power, the company has been proactive in diversifying its portfolio. In 2016, SJVN entered wind energy by commissioning its first wind power project in Gujarat, which had a capacity of 50 MW. This marked a new chapter in the company’s journey as it expanded into other areas of renewable energy.
SJVN’s ambitions aren’t limited to India. The company has extended its operations internationally, particularly in neighboring countries like Nepal and Bhutan. One of its most notable international projects is the Arun-3 Hydro Electric Project in Nepal. It boasts a massive installed capacity of 900 MW. These international ventures help boost SJVN’s profile and enable regional cooperation. Through undertaking these projects, SJVN is playing a part in addressing the growing energy needs of South Asia. It does this while simultaneously promoting sustainable development in the region.
Today, SJVN continues to play a crucial role in India’s renewable energy landscape. The company’s portfolio includes a diverse range of projects in hydro, wind, and solar power. This allows it to position itself as a major contributor to India’s energy security and sustainability goals.
SJVN Ltd. has come a long way from its early days focused solely on hydroelectric power along the Sutlej River. Today, the company stands as a multi-faceted player in India’s renewable energy sector. It has projects that span hydroelectric, wind, and solar power. With its commitment to sustainable energy and plans for continued expansion, SJVN is well-positioned to play a leading role in India’s energy future.
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