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India has 149 GW hydro power potential

In order to develop the country’s hydropower potential expeditiously, SJVN Ltd was incorporated on May 24, 1988 as a joint venture between the Government of India and the Government of Himachal Pradesh. The present authorized share capital of SJVN is Rs. 7,000 crores.

The Nathpa Jhakri Hydro-Electric Power Station (NJHPS) (1,500 MW) was the first project undertaken by SJVN for execution.

According to HK Sharma, chairman & managing director, “India is endowed with hydropower potential of about 149 GW (giga watts), of which only 25 per cent has been developed so far. Arunachal Pradesh has the highest untapped hydro-potential in the country, whereas the remaining potential lies in states like Uttrakhand, Sikkim and J&K. Since water is a State and environment is a Central subject, there needs to be better coordination between the two, for tapping the hydro-power potential in these states.”

Since the commissioning of the largest underground 1500 MW Hydro Electric Power Project, NJHEP with the gigantic efforts made by its engineers, workers and all its associates, the first project allocated to SJVN, the Corporation expanded its base from a single project to a Multi Project and thereafter from a presence in a single state to a pan-Indian Corporation and established its footprint in the neighbouring countries of Nepal & Bhutan.

SJVN is currently constructing the 412 MW Rampur Hydro Electric Project in the state of Himachal Pradesh, to be commissioned by September 2013.

SJVN is also implementing three hydro projects (252 MW Devsari, 60 MW Naitwar Mori and 51 MW Jakhol Sankri) in the state of Uttarakhand. Further, SJVN has also been allocated Luhri Hydro Electric Project (775 MW) and Dhaulasidh HEP (66 MW) in the state of Himachal Pradesh for preparation of Detailed Project Report and subsequent execution.

Further, SJVN is entering into a Joint Venture for the implementation of 1500 MW Tipaimukh HE Project in Manipur with an equity participation to the extent of 26%, informed Sharma.

International wings
The company has now gone across the borders and has bagged 900 MW Arun III hydroelectric project in Nepal through, competitive bidding. In addition, the corporation has also been assigned the task of updating/preparing DPRs of two Hydro Electric Projects 600 MW Wangchu HE Project and 650 MW Kholongchu HE Project in Bhutan by Government of India.

Environmental implicationof hydro-project
According to Sharma, hydro-power does not affect the environment, if implemented properly. SJVN has the largest under-ground power station in the world. Starting from World Bank to top environment organizations across the world, SJVN has been compiled by all norms, in the construction of the under ground power station.
Reports alleged that because of SJVN’s under ground power station, the houses in the area are getting cracked and the water is drying out.
Sharma explained, “We have found that these allegations are baseless. The NIRM study has also proved these allegations are futile. Rather, because of our project, several new water sources have come up. It has not caused any economic hazards too. “

SJVN’s Future Projects
SJVN is venturing into the Wind Energy field with an initial addition of 50MW of wind energy by the end of 2012 to promote and develop more renewable resource of energy. In pursuit of the above mission SJVN has already started surveying the various potential locations in India where the wind energy can be exploited economically.

The consultant for this new venture of setting-up of the 50MW wind Power Project has already submitted the feasibility report for establishing the project with the advantages of various locations.

In addition to the financial assistance from the World Bank, SJVN has also been financed as loan by a Consortium of European Banks, the Power Finance Corporation ( PFC ) and various domestic commercial banks.

Awards
Recently, CMD Sharma was honoured with third India Power award 2010 by the Council of Power Utilities, New Delhi. The award was given for excellence in hydro power generation at the company's 1500 MW Nathpa Jhakri hydro power station.

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