Home Uncategorized SJVN CMD NL Sharma discusses power projects with CM Dhami

SJVN CMD NL Sharma discusses power projects with CM Dhami

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By Our Staff Reporter

Shimla, 22 Oct: Nand Lal Sharma, Chairman and Managing Director, SJVNL, met Chief Minister of Uttarakhand Pushkar Singh Dhami in Dehradun.
During the meeting, Sharma expressed keen interest in investing in more Hydro Power Projects in Uttarakhand. He informed the CM that SJVN is on an exponential growth drive in the field of developing Energy and, at present, is working in the Hydro, Wind, Solar and Thermal Sector. Besides developing projects across the Nation, SJVN is also operating in the neighbouring countries of Nepal and Bhutan.
Sharma informed the Chief Minister that the 60 MW Naitwar Mori Hydroelectric Project, which is under construction in Uttarkashi district, is in advanced stages of development and is likely to be completed by June 2022. He added that SJVN has requisite expertise in construction and operation of Hydro Projects in the Himalayan terrain and requested allotment of more projects in the Tons and Yamuna Valleys to SJVN.
Chief Minister Dhami appreciated the progress and assured all cooperation from the State government.
Nand Lal Sharma reported that the total profit of SJVN before tax for the year 2020-21 is Rs 2168.67 crore, which is the highest ever. He said that, at present, SJVN has a reserve of Rs 8,032 crores. He said that, at present, SJVN has power generation capacity of 2016.51 MW. Besides this, SJVN is also constructing Transmission Lines. SJVN currently has more than 11000 MW power projects in its portfolio and recently has received 1000 MW Grid Connected Solar PV Solar Project through Request for Proposal (RFP) from IREDA.
He added that SJVN is also working on the construction of 345 MW solar power projects in Uttar Pradesh, Bihar and Gujarat. SJVN has a Shared Vision of achieving 5000 MW by 2023, 12000 MW by 2030 and 25000 MW by 2040 to meet the company’s short-medium-long term objectives.
Sharma also met SS Sandhu, Chief Secretary, and Sowjanya, Secretary (Energy), and requested their cooperation for expeditious completion of under construction projects in Uttarakhand and allotment of more projects. Also present were V Sankaranarayanan, Executive Director, SK Singh, Chief GM & Head of Project, Naitwar Mori HEP, and Ashish Pant, Senior Additional General Manager.