Shimla, 24th May, 2020. SJVN a Schedule ‘A’ and ‘Mini Ratna’, Power PSU commemorated its 33rd Raising Day today at its Corporate Headquarters at Shimla and at all its Project Offices in Himachal, Uttrakhand, Maharashtra, Gujarat, Bihar and in neighbouring countries of Nepal and Bhutan.
The Company Flag was unfurled by the Chairman and Managing Director Nand Lal Sharma.
Sharma, while addressing the employees stated that presently the whole world is facing the COVID-19 challenge and in view ofthe strict government guidelines, this year SJVN is not organizing any ceremonial activity.
Never the less, it is time for SJVNites to reflect back on its journey and its historical milestones.
Sharma asserted that this company which started with a single Hydro Project in the year 1988, today has portfolio of 7489.2 MW, out of which 2015.2 MW is under Operation, 2880 MW is Under Construction, 482 MW is under pre-construction & investment approval and 2112 MW is under Survey & Investigation Stage.
The company has also diversified in other fields of Energy Generation & Transmission.
While reiterating his belief in Team SJVN, he said that SJVN is vigorously marching forward for achieving installed capacity of 5000 MW by 2023, 12000 MW by 2030 and 25000 MW by year 2040.
Sharma further elaborated that Hydro Power is core competence of Team SJVN and presently the construction activities of 60 MW Naitwar Mori Hydro Electric Project are in full swing in the State of Uttarakhand.
He further added that for the development of 900 MW Arun 3 Hydro Electric Project Hydro Project in Nepal the company will be investing approximately 6959 crore in Nepal over the next five years.
