SJVN has earned Rs 34.40 crore as incentive under the deviation settlement mechanism from 1,500-MW (megawatt) Nathpa Jhakri HPS and 412-MW Rampur HPS (hydropower station) in three quarters of FY 2021-22 (April to December 2021). The deviation settlement mechanism is a frequency-linked regulatory mechanism that ensures the stability of the grid that rewards the power producer for supporting and stabilizing the grid. This incentive earning is in addition to the revenue earned from power generation.
SJVN is engaged in hydroelectric power generation originally established as a joint venture between the government and the state government of Himachal Pradesh to develop and operate the Nathpa Jhakri Hydro Power Station (NJHPS).
