During the financial year 2014-15 SJVN limited plans energy generation of 7,920 million units (under excellent parameters) with an expected revenue realisation of Rs1,820 crore and gross operating margin of Rs 818 crore from its 1,500 MW Nathpa Jhakri Hydro Power Station, 412 MW Rampur Hydro Power Station (7,850 MU) in Himachal Pradesh, as well as from its 47.6 MW Khirvire Wind Power Project (70 MU), in Maharashtra.
The MoU provides for commissioning of all the six units of 412 MW Rampur Hydro Power Station by September 15, 2014. The MoU also includes targets for implementation of 1,320 MW Buxar Thermal Power Plant in Bihar.
A memorandum of understanding (MoU) to this effect was signed between PK Sinha, secretary (power) Government of India and RP Singh, CMD, SJVN ltd at New Delhi on March 24, 2013 in the presence of Devendra Chaudhary, Additional Secretary Pradeep Kumar, Joint Secretary (finance), Mukesh Jain, Joint Secretary (hydro) and Rajiv Gupta, Director (hydro) of the Ministry of Power.
On this occasion RN Misra Director (civil), AS Bindra Director (finance), Nl Sharma Director (personnel) and RK Bansal, Director (electrical) were also present. In the growth parameters, SJVN will work towards formation of joint venture companies for implementation of the 600 MW Kholongchu Hydro Electric project in Bhutan, as well as 1,000 MW ultra solar power project in Rajasthan, besides signing of MoU with the Government of Arunachal Pradesh for execution of 80 MW Doimukh.
The MoU targets for providing training in skill development to 600 youths, farmers, women and disabled persons to promote employability and self employment through training courses in ITI and other accredited agencies.
For providing health services to old age, disabled and women at their door steps, SJVN will organise four (4) additional mobile medical units, and 40 specialised health camps. SJVN is already operating eight (8) mobile medical units in the vicinity of its projects in Himachal Pradesh and Uttarakhand.
For its meritorious CSR activities especially Social Development and Impact, SJVN was recently awarded the prestigious 'Vishwakarma Award' by Construction Industry Development Council (CIDC), a body established by the Planning Commission (Govt. of India) and Construction Industry.
During the year, SJVN will also ensure skill development of at least 90 per cent of its employees through several managements and technical programmes namely competency and leadership development, risk management, project management. For the sustainable development of safety, quality and environment management, SJVN will ensure compliance of the laid down parameters during the year 2014-15.