SJVN, a Navratna Central Public Sector Enterprise (CPSE) under administrative control of Ministry of Power, Government of India, was incorporated on May 24, 1988, as a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP). SJVN is now a listed company. The company has evolved from a hydropower-centric utility into a diversified energy company. The Company is engaged in the generation and sale of electricity. The tariff for electricity supplied from its major hydro power stations is determined by the Central Electricity Regulatory Commission (CERC), which lays down the principles and methodologies for tariff determination.

Business area of the company

The company is engaged in the business of electricity generation. The company also provides consultancy services and is engaged in energy trading.

Businesses Segments

• Hydro Power
• Power Trading
• Thermal Power
• Wind Power
• Solar Power
• Power Transmission
• Consultancy 

Awards

2012-13

• The Company won the Commendation Certificate of ‘SCOPE Award for Excellence and Outstanding Contribution to the Public Sector Management-Institutional Category-II (Miniratna-I & II PSEs)’ 2010-11.
• For its Meritorious CSR activities, company was awarded the prestigious 'Vishwakarma Awards' by Construction Industry Development Council (CIDC), a body established by the Planning Commission (Govt. of India) and Construction Industry.
• The Company also bagged the award for Social Development & Impact while its Rampur Hydro Electric Project bagged achievement award for Construction Health, Safety and Environment.

2013-14

• The Nathpa Jhakri Hydro Power Station (6 x 250 MW) was evaluated for the 'Silver Shield' for the year 2012-13 and the 'Bronze Shield' for the year 2011-12 by the Central Electricity Authority in the category of 'Performance of Hydro Power Stations'.
• The Company was also awarded the prestigious 'PSE Excellence Award – 2013' in the category of CSR and Sustainability 16th December, 2013. Contribution of SJVN in the field of CSR has been distinguished and recognized for the major activities in the areas of health, education, skill development, community infrastructure and organizing cultural programme and sports.
• The Company bagged the Construction Industry Development Council (CIDC) - Vishwakarma Achievement Award for “Social Development and Impact”
• Rampur Hydro Electric Project bagged Construction Industry Development Council (CIDC) - Vishwakarma Achievement Awards for Construction, Health, Safety and Environment.
• The Company was awarded ISO 9001:2008 certification further for next three years. SJVN has been awarded this certification initially in the year 2005 for maintaining stringent Quality Requirements of Det Norkes Veritas.

2014-15

• The Unit-5 & Unit-2 of Company’s Rampur Hydro Electric Project of SJVN Limited were selected for the 'Gold Shield' and 'Silver Shield' respectively for the year 2013-14 by the Ministry of Power, Govt. of India in the category of 'Early Completion of Hydro Power Projects'.
• SJVN Limited has been honored with the “CBIP award of Best Performing Hydro Power Utility”.
• SJVN has received this award for outstanding contribution to the Nation by setting New Bench Mark in Generation and Maintenance, excellence in engineering and use of latest State of Art Technologies and smart solutions for tackling major silt erosion problems.
• HelpAge India has awarded “Gold Plate Award” to SJVN for its contribution in providing free medical care to the unprivileged sections of the society.
  2015-16
• SJVN was honored with 9th ENERTIA Award 2015 - India and South Asia for sustainable Energy & Power in recognition of company's achievements in the Hydro Sector during 2014-15.
• SJVN was conferred with 'Excellence Award' by Institute of Economic Studies in recognition of outstanding performance of SJVN and its management in the field of industrial development in the country.
• SJVN was awarded with ABP-News CSR Leadership Award in category of Best Corporate Social Responsibility Practices.
• SJVN was awarded 'PSU Award 2015' by Governance Now.
• SJVN was selected for Best Employee Productivity award under Mini Ratna Category-1 Public Sector Undertaking.
• SJVN was also conferred with SCOPE Excellence Awards in Institutional Category (Miniratna I & II PSEs) for the year 2013-14 with Gold Trophy and Citation and for year 2010-11 with Commendation Certificate.
• SJVN was also conferred with Global CSR Excellence Leadership Award by Blue Dart.
• SJVN bagged CIDC Vishwakarma Award - 'Achievement Award for Social Development & Impact' and 'Partners in Progress'.
• SJVN was awarded 'Silver Plate Awards' by Help Age India for CSR.

2016-17

• SJVN was felicitated with “Gold Trophy and Citation of SCOPE Excellence Awards” under Institutional category (Mini Ratna) by President of India, Pranab Mukherjee. The awards were presented in a function held at Vigyan Bhawan, New Delhi to mark the Public Sector Day.
• SJVN was conferred with “CSR Leadership Award” in the category of Best Corporate Social Responsibility Practices while Nand Lal Sharma, Director (Personnel), SJVN was honoured with “Most Impactful CSR Leader”&“Life Time Achievement Award” in individual category during World CSR Congress.
• SJVN was awarded the “10 ENERTIA Award- India & South Asia” for its Flagship 1500 MW Nathpa Jhakri Hydro Power Station.
• SJVN was conferred with the prestigious 'P.L. Roy Award' instituted by Help Age India for its outstanding contribution in providing free & quality medical care to the communities as one of its many CSR initiatives.
• SJVN was awarded 17 Annual “Greentech Environment Excellence PLATINUM Award 2017” in Hydro Power Sector for outstanding achievement in Environment Management.

2017-18

• SJVN was awarded with ‘Achievement Award 2018’ and ‘Partners in Progress Trophy’ for Social Development & Impact during 10th CIDC Viswakarma Award 2018. The award was presented by Construction Industry Development Council.
• SJVN was conferred with Global CSR Excellence & Leadership Award in the category of Concern for Health by World CSR Congress, Mumbai.
• SJVN was felicitated with ‘Eminent Award’ for Best Corporate Social Responsibility practices in health sector by the EK Nam Desh Ke Nam, New Delhi.
• SJVN was honoured with ‘Silver Plate Award’ by HelpAge India, New Delhi for its outstanding contribution in the field of healthcare as one of its many CSR initiatives.
• SJVN was awarded with Winner Trophy for ‘Best Hydro Power Generator’ by Independent Power Producers Association of India (IPPAI).
• The prestigious award was conferred to SJVN for its outstanding performance in the area of Operation & Maintenance of Hydro Power Stations.

2018-19

• SJVN was felicitated with the prestigious IPPAI Power Awards-2018 under the Category of Best Hydro Power Generator during 19 Independent Power Producers Association of India (IPPAI) Retreat 2018.
• SJVN was awarded with Aqua Foundation Excellence Award 2018 in the category of Sustainable Development in Hydro Power Sector (Public Sector) during XII World Aqua Congress International Conference 2018.
• SJVN was conferred with 4th EKDKN Exceed Award 2018 by Ek Kaam Desh Ke Naam, Delhi.
• SJVN Foundation was awarded with Achievement Award 2019 & Partner in Progress Trophy for Social Development & Impact during 11th CIDC Vishwakarma Award 2019 by Construction Industry Development Council, Delhi.
• SJVN was felicitated with 6 Annual Greentech Award for its CSR initiatives by Greentech Foundation, Delhi.
• SJVN was awarded with ET Now CSR Leadership Award 2019 for effectively implementing its CSR initiatives during World CSR Day.
• Marjit Singh Bindra, Director (Finance), SJVN was conferred with the prestigious BHARAT JYOTI Award by India International Friendship Society.

Milestones

• 1988: Company incorporation
• 1992: The company took over the execution of NJHEP from HPSEB
• 1997: Enhancement of authorized share capital of the company from Rs 10,000 million to Rs 22,000 million.
• 1999: Enhancement of authorized share capital of the company from Rs 22,000 million to Rs 45,000 million.
• 2002: Change of company name from Nathpa Jhakri Power Corporation Limited to Satluj Jal Vidyut Nigam Limited
• 2003: Commercial generation of units for NJHEP
• 2004: GoHP allocated Luhri Hydro Electric Project to the company for preparation of detailed project report
• 2004: Implementation agreement signed with GoHP for RHEP.
• 2005: DPR cleared by CEA for RHEP
• 2005: Agreement signed with government of Uttarakhand for execution of Devsari HEP (300 MW), Naitwar Mori HEP (33 MW) and Jakhol Sankri HEP (33 MW) on BOOT basis.
• 2006: Public Investment Board clearance for RHEP.
• 2007: CCEA clearance for RHEP
• 2008: Grant of Mini Ratna Category-I status to the company
• 2008: Upgradation of the company from Schedule B to Schedule A, Central Public Sector Enterprise
• 2008: MoU signed for Arun-III HEP with Government of Nepal;
• 2008: MoU signed between GoHP and the company for the implementation of Luhri HEP
• 2008: MoU signed for the execution of Dhaulasidh HEP with GoHP.
• 2009: Change of company name from Satluj Jal Vidyut Nigam Limited to SJVN Limited
• 2009: Change of company status from private limited company to public limited company
• 2009: Enhancement of authorized share capital of the company from Rs 45,000 million to Rs 70,000 million
• 2009: Sub division of face value of equity shares from Rs.1,000 per equity share to Rs. 10 per equity share
• 2013: SJVN inks MoU with Power Ministry to generate 6930 mn units of energy
• 2013: SJVN acquires Buxar Bijlee for thermal power project
• 2014: Commencement of commercial operations of 3 units of 412 MW Rampur Hydro Electric Project of SJVN Limited
• 2014: SJVN Signs MoU for carrying out pre-construction activities for development of Kholongchhu Hydroelectric Power Project (600MW) till formation of Joint Venture Company in Bhutan.
• 2014: SJVN Signs MoU to form a Joint Venture Company for implementation of First Phase (1000 MW) of Worlds largest 4000 MW Ultra Mega Solar Power Project.
• 2014: SJVN inks MoA for 80 MW Doimukh Hydel Project in Arunachal Pradesh.
• 2014: SJVN inks MoU with five other PSUs for 4000 MW solar power project
• 2015: SJVN inks MoU with Hindustan Salts Limited and Rajasthan Electronics and Instruments Limited
• 2015: SJVN inks pact with 6 state power generating companies
• 2015: SJVN signs JV Agreement for formation of Joint Venture for Mining of Coal Block in West Bengal
  2015: SJVN Signs MoU with Ministry of Power
• 2015: SJVN inks MoU with Saurya Urja Company of Rajasthan Ltd'
• 2019: Prime Minister of India unveiled the Foundation Stone of SJVN's 1320 MW Buxar Thermal Power Project.
• 2019: A historic feat was achieved when SJVN's flagship 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh crossed a cumulative 100 billion units electricity generation.
• 2020: Government of Himachal Pradesh allotted Three Hydro Projects - 104 MW Tandi, 130 MW Rashil and 267 MW Sach Khas Hydro Electric Projects on the Chenab Basin in Himachal Pradesh to SJVN.
• 2020: SJVN signed MoU with Indian Renewable Energy Development Agency Ltd. (IREDA) for providing its services to SJVN for Green Energy projects. IREDA will undertake Techno-Financial due diligence of Renewable Energy, Energy Efficiency & Conservation Projects for SJVN. Under the MoU, IREDA will also assist SJVN in developing an action plan to create and acquire Renewable Energy projects for the next 5 years.
• 2020: SJVN joined International Solar Alliance (ISA) as Corporate Member. This prestigious membership will provide SJVN a global platform to garner cooperation amongst member countries to enhance the use of Solar Energy in a safe, convenient, affordable, equitable and sustainable manner.
• 2020: Cabinet Committee on Economic Affairs (CCEA), chaired by Hon’ble Prime Minister Shri Narendra Modi has approved the investment of Rs 1,810.56 crore for 210 MW Luhri Stage-1 Hydro Electric Project of SJVN, being developed on river Satluj in Shimla & Kullu districts of Himachal Pradesh. This includes budgetary support of Rs 66.19 crore from Govt of India for enabling infrastructure which has helped in reducing power tariff.
• 2020: The investment proposal of Rs 687 crore has been approved by Government of India for 66-Megawatt Dhaulasidh Hydro Electric Project. This includes budgetary support of Rs 21.6 crore from Govt of India for enabling infrastructure.
• 2020: SJVN Bagged 100 MW Solar Power Project in Dholera Solar Park through E-Reverse Auction at Rs 2.80/Unit. SJVN bagged the quoted capacity of 100 MW at Rs 2.80/Unit on Build Own and Operate (BOO) basis.
• 2020: Kholongchhu Hydro Electric Limited (KHEL) signed a Concession Agreement (CA) with Ministry of Economic Affairs, Royal Government of Bhutan. With signing of this agreement, the issue of Power sale agreement between JV partners stands resolved which also bears the consent of both the Governments (India & Bhutan).
• 2021: Agreement for Term Loan of Rs 8,448.46 crore for 1320 MW Buxar Thermal Power Project at Chausa in Buxar district of Bihar being executed by SJVN Thermal Pvt. Limited (STPL), a wholly owned subsidiary of SJVN was inked between STPL and the consortium of lending Banks & Financial Institution (FI) which included State Bank of India, Canara Bank and IIFCL.
• 2021: Kholongchhu Hydro Energy Ltd. signed an MOU with PFC - REC consortium for financing of 600 MW Kholongchhu Hydro Electric Project in Bhutan to the tune of Rs 4,058 crore.
• 2022: SJVN has incorporated a fully owned Subsidiary Company ‘SJVN Green Energy Limited’ (SGEL).
• 2022: SJVN secured 100 MW Grid Connected Solar Power Project in Gujarat through Tariff Based Competitive Bidding conducted by Gujarat Urja Vikas Nigam Limited (GUVNL).
• 2022: SJVN bagged its first ever 15 MW Grid Connected Floating Solar PV Power Project at Nangal pond, near village Neilla, District Bilaspur, Himachal Pradesh.
• 2022: SJVN bagged two grid connected solar power projects of 125 MW capacity through tariff based Competitive Bidding Process conducted by Uttar Pradesh New & Renewable Energy Development Agency.
• 2022: SJVN granted Power Trading License for interstate trading of electricity by CERC.
• 2021: SJVN allotted 05 Hydro Electric Projects having total capacity of 5097 MW by Govt. of Arunachal Pradesh.
• 2021: Prime Minister Narendra Modi virtually laid the Foundation Stones of SJVN’s 210 MW Luhri Stage-1 Hydro Electric Project located in Shimla & Kullu districts of Himachal Pradesh and 66 MW Dhaulasidh Hydro Electric Project situated in Hamirpur & Kangra districts of Himachal Pradesh.
• 021: SJVN bagged 100 MW Grid connected Solar PV Power Project from Punjab State Power Corporation Ltd.
• 2021: SJVN bagged 200 MW Grid connected Solar PV Power Project in Bihar.
• 2021: Memorandum of Understanding signed for the development of 679 MW Lower Arun HEP between SJVN & Investment Board of Nepal in Kathmandu Nepal.
• 2022: DPR for 669 MW Lowe Arun HEP approved by IBN, Nepal
• 202: MoU for 490 MW Arun-4 Hydro Electric Project in Nepal signed in benign presence of Prime Minister of India and Nepal.
• 2022: Corporate Head Quarters ‘Shakti Sadan’ rated Four Star by ‘GRIHA’ Council.
• 2022: SJVN secured 200 MW Solar Power Project through e-reverse auction by MSEDCL.
• 2022: SJVN signed MoU with Govt. of Rajasthan for developing 10 GW renewable energy projects/parks in the state.
• 2022: MoU signed between SGEL and Assam Power Distribution Company Limited for developing 1000 MW Floating Solar Power Projects in Assam.
• 2022: SJVN obtained 105 MW Floating Solar Project through e-reverse auction held by MAHAGENCO.
• 2022: Successful commissioning of 75 MW Parasan Solar Power Project, Uttar Pradesh.
• 2022: SJVN is now ISO 31000:2018 Company with successful implementation of Risk Management System.
• 2022: SJVN signed MOU for 3000 MW Hydro & Solar Power Projects in Odisha.
• 2022: SJVN secured 200 MW Solar Power Project in Maharashtra.
• 2022: SJVN won 100 MW Wind Power Project at Ra 2.90 per unit on build own and operate basis through e- reverse auction by SECI.
• 2023: President of India, Droupadi Murmu, laid the foundation stone of SJVN’s 1000 MW Bikaner Solar Power Project at Jaipur, Rajasthan.
• 2023: CCEA approved the investment of Rs 2614 crore for 382 MW Sunni Dam Hydro Electric Project in Himachal Pradesh.
• 2023: SJVN bagged ‘CBIP Award for Best Performing Utility in Hydro Power Sector’.
• 2023: SJVN entered into an MoU with IOCL for formation of Joint Venture for developing of renewable energy projects & energy storage systems.
• 2023: SJVN nominated as fourth Renewable Energy Implementing Agencies (REIAs) in addition to SECI, NTPC and NHPC.
• 2023: SJVN bagged full quoted capacity of 200 MW Grid connected Solar Power Project in Khavda Solar Park at Rs 2.88 per unit in e-Reverse auction conducted by GUVNL.
• 2023: SJVN bagged 100 MW Grid Connected Wind Power Project at a tariff of Rs 3.17 per unit in Gujarat.
• 2023: SJVN signed Memorandum of Understanding with Government of Goa for development of Renewable Energy Projects.
• 2023: Project Development Agreement (PDA) of 669 MW Lower Arun Hydro Electric Project in Nepal signed.
• 2023: SJVN bagged 200 MW Grid Connected Wind Power Project at a tariff of Rs 3.24 per unit in e-RA organized by SECI.
• 2023: SJVN signed Memorandum of Understanding with MAHAGENCO for development of 5000 MW Renewable Energy Projects in Maharashtra.
• 2023: SJVN signed Power Purchase Agreements for 300 MW Renewable Energy Projects with MSEDCL.
• 2023: SJVN inked an MoU with REC to finance projects of SJVN and its subsidiaries & joint ventures to the extent of Rs 50,000/- crore.
• 2023: SJVN inked Memorandum of Understanding with Sikkim Urja Limited for trading 180 MW Hydro Power from SUL's 1200 MW Teesta-III Hydro Electric Project in Sikkim to Distribution Licensees and Open Access Consumers.
• 2023: SJVN signed Memorandums of Understanding with ONGC for joint development of renewable energy projects 
• 2023: SJVN signed Memorandums of Understanding with Sambhar Salts Limited, a subsidiary of Hindustan Salts Limited for development of Solar Projects / Park in phased manner on identified land bank of M/s SSL.
• 2023: SJVN has 90 MW Floating Solar Project at Rs 3.79/unit in Omkareshwar Floating Solar Park, Madhya Pradesh.
• 2023: SJVN signed historic MOA for implementing five Hydro Projects of 5097 MW in Arunachal Pradesh.
• 2023: SJVN received Letter of Awards for executing three solar projects of 320 MW cumulative capacity from Assam Power Development Corporation Limited.
• 2023: SJVN signed Power Purchase Agreement for 18 MW Solar Power with BBMB.
• 2023: SJVN signs MOU with PFC for Rs 1,18,000 crore financing of RE & Thermal Projects.
• 2023: SJVN received Letter of Award for 100 MW Solar Power Project from RUVNL at a tariff of Rs 2.62 per unit.
• 2023: SJVN signed Memorandum of Understanding with M/s Ocean Sun, Norway for collaboration in field of New Technologies in Green & Clean Energy Sector.
• 2023: SJVN signed Power Purchase Agreement for 200 MW Grid Connected Wind Power Project with SECI.
• 2023: SJVN commissioned 60 MW Naitwar Mori Hydro Power Station in Uttarakhand.
• 2023: SJVN secured 100 MW Solar Power Project at Rs 2.63/Unit through e-RA conducted by GUVNL
• 2023: SJVN commissioned 75 MW Gurhah Solar Power Plant located in district Jalaun, Uttar Pradesh.
• 2024: SJVN inked a Memorandum of Understanding with NHAI for providing Technical Consultancy Services.
• 2024: SJVN Limited secured 100 MW Solar Power Project at Rs 2.54/Unit through e-RA conducted by GUVNL.
• 2024: SJVN Commissioned 50 MW Gujrai Solar Power Station located in District Kanpur Dehat, Uttar Pradesh.
• 2024: SJVN commissioned 100 MW Raghanesda Solar Power Station located in district Banaskantha, Gujarat.
• 2024: SJVN secured 200 MW Solar Project at a tariff of Rs 2.66 per unit in e-RA Conducted by GUVNL.
• 2024: Prime Minister Narendra Modi virtually dedicated to the Nation four Power Stations of SJVN namely 60 MW Naitwar Mori Hydro Power Station in Uttarakhand, 75 MW Parasan Solar Power Station, 75 MW Gurhah Solar Power Station and 50 MW Gujrai Solar Power Station in Uttar Pradesh. He also laid foundation stone of SJVN's projects viz. 382 MW Sunni Dam Hydro Electric Project and 15 MW Nangal Floating Solar Power Project in Himachal Pradesh and 70 MW Solar Project in Assam.
• 2024: SJVN received Letter of Awards for 1352 MW Solar Power Projects to be developed at various locations in districts of Maharashtra.
• 2024: SJVN signed Power Usage Agreements for 500 MW Solar Power and for 100 MW Solar Power with Rajasthan Urja Vikas and IT Services Limited.
• 2024: SJVN inaugurated India's first Multi-Purpose (Combined Heat & Power) Green Hydrogen Pilot Project at 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh.
• 2024: SJVN received Letter of Intent from Government of Mizoram for allotment of Darzo Lui Pumped Storage Project through MOU route on nomination basis.
• 2024: CCEA approved investment of Rs 5792.36 crore (Cost to Completion) for 669 MW Lower Arun Hydro Electric Project (LAHEP)at levelized tariff of Rs 4.99 per unit.
• 2024: SJVN successfully commissioned 90 MW Omkareshwar Floating Solar Project in Madhya Pradesh.
• 2024: SJVN has been conferred with 'Navratna' status by the Government of India on August 30, 2024.
• 2024: SJVN signed two landmark MoUs with Government of Maharashtra for development of Pumped Storage Projects and Floating Solar Projects in Maharashtra.
• 2024: SJVN signed MoU with Govt, of Bihar for 1000MWHathidah Durgawati PSP.
• 2025: SJVN achieved Great Place to Work Certification for 2025-26.
• 2025: SJVN Signed MoU with Government of Chhattisgarh & CSPGCL for 1800 MW Kotpali Pumped Storage Project.
• 2026: SJVN sigeds PPAs with Gujarat Urja Vikas Nigam for the supply of power from its upcoming hydro-electric projects in Himachal Pradesh namely 66 MW Dhaulasidh HEP, 210 MW Luhri Stage-I HEP and 382 MW Sunni Dam HEP.
• 2026: SJVN inaugurated 1,000 MW Bikaner Solar Power Project in Pachpadra, Rajasthan, marking a significant step in India's renewable energy journey and reaffirming the nation's commitment to achieving its clean energy and sustainability goals.