Central power PSU SJVN Ltd has now aimed to achieve installed power generation capacity of 50 GW by 2040, as against 25 GW envisaged earlier.
In a release, SJVN said that it has upgraded its vision so as to achieve 5 GW generation capacity by 2023, 25 GW by 2030 and 50 GW by 2040.
This revision has resulted from the addition of multiple projects in its portfolio and already established repute of successfully operating and implementing mega hydropower projects in India and abroad.
Apart from the mainstay hydropower, SJVN has diversified into other forms of electricity generation like thermal, solar and wind.
The earlier vision of 25 GW by 2040 was shared on May 24, 2018 – the company’s 31st Raising Day. The new vision was promulgated during the Republic Day address of the company’s CMD, N.L. Sharma. During last three years, business development of the company has gained pace and made rapid strides, the release said.
According to Sharma, “Relentless effort of SJVNites has led to company portfolio of more than 16,000 mw. Growing portfolio of SJVN has necessitated this upward revision of Shared Vision. Projects which were languishing on the drawing board for several years have been brought to the construction stage. Never before has SJVN been executing as many projects at a time as it is doing today.”
Current status
Hydropower
Construction activities are progressing at a fast pace in eight projects under development. These projects include 900-mw Arun-3 HEP in Nepal; 1,320-mw thermal project in Bihar, 600-mw Kholongchhu HEP in Bhutan; 210-mw Luhri HEP and 66-mw Dhaulasidh HEP in Himachal Pradesh and 60-mw Naitwar Mori HEP in Uttarakhand.
The hydropower portfolio of the company has increased substantially. Under international competitive bidding, SJVN has recently obtained prestigious 669-mw Lower Arun Project in Nepal. With 1,912-mw installed hydropower capacity, Projects of 10,556 mw capacity is under various stages of development in India, Nepal & Bhutan.
Also read: SJVN To Enter Power Trading Business, Gets CERC Nod
Solar & Wind
SJVN’s current solar & wind portfolio has expanded from 5.6 mw in 2017 to over 2,750 MW. The 880-mw Kaza solar project in Himachal Pradesh, 1,000-mw IREDA solar project, 200-mw solar project in Bihar, Solar projects in Uttar Pradesh, Punjab and Gujarat are under various stages of development. The 75-mw Parasan and 70-mw Bagodara solar projects are in advanced stage of development and are scheduled to be commissioned by August 2022.
Featured photograph shows SJVN CMD, Nand Lal Sharma (centre), during a recent visit to a company’s project site.