For the financial year, 2013-14 SJVN limited plans energy generation of 6,930 million units (under Excellent parameters) with an expected revenue realisation of Rs1783 crore and net profit of Rs790 crore from its 1,500 MW Nathpa Jhakri Hydro Power Station (6875 MU) as well as upcoming 47.6 MW Khirvire Wind Power Project (55 MU), in Maharashtra.
The Company’s Wind power project is scheduled to be commissioned in August 2013. The MoU with Union Ministry of power also provides for commissioning of all the six units of 412 MW Rampur Hydro Power Project between December 15, 2013 to March 5, 2014.
An MoU to this effect was signed between P Uma Shankar, secretary (Power) Government of India and RP Singh, CMD, SJVN ltd. at New Delhi on March 25.
The MoU targets to provide training in skill development to 300 youth, farmers, women and disabled persons to promote employability and self employment through training courses in ITIs and other accredited agencies.
For the development of backward districts in its project area, SJVN will also organise 10 health camps and provide skill development to 100 persons.
In order to provide Health Services to old people, disabled and women at their door steps, SJVN will organise four Mobile Medical Units, and 20 Specialised Health Camps.
During the year, a budget provision of 1.3 per cent of the Profit After Tax (PAT) has been made for expenditure on various CSR (Corporate Social Responsibility) and Sustainable Development activities in the project affected areas.