Friday, August 7, 2009

About Construction Company

S.J.V.N. Limited (SJVN), a Central Public Sector Undertaking (CPSU) under the Ministry of Power, Covt. of India is a joint venture between the Government of India and the Government of Himachal Pradesh. The present installed capacity of SJVN is 1500 MW. The capacity addition under execution by the corporation is of 2962 MW (412 MW under construction, and 2550 MW under investigation/implementation)

SJVN is the first CPSU to bag a Hydro power Project outside India on open competition basis. SJVN responded as an IPP against international competitive bedding invited by Government of Nepal for Arun-III Hydro Power Project and emerged as a front-runner amongst the companies like. SINOHYDRO Corp. Ltd. & China Overseas Engineering Group Co. Ltd. From China and GMr Enerty Lte., Reliance Energy Ltd., L & T Ltd., MAYTAS Infra Pvt. Ltd., Jindal Steel & Power Ltd., and JP Associates Ltd. from India. After detailed negotiations, the MoU was signed with Govt. of Nepal on 02.03.2008. The above MoU provides for construction on BOOt basis of Arun-III HEP within Seven & half years from the date of signing of MoU inducing Two & half year for detailed survey & investigation and its subsequent operation for thirty years from the date of issue of generation license. The project will generate 2891 MU per year out of which 21% free power shall be given in Govt. of Nepal. The above MoU envisages construction is given below:

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