SJVN honoured with 2 HR Excellence Awards
SJVN, a Himachal Pradesh-based Public Sector Undertaking, has been honoured with two prestigious awards at the SHRM India HR Awards 2024 in the Public Sector Enterprises category.
SJVN, a Himachal Pradesh-based Public Sector Undertaking, has been honoured with two prestigious awards at the SHRM India HR Awards 2024 in the Public Sector Enterprises category.
According to the SJVN spokesperson, this prestigious recognition, making the company 25th Navratna of India, marks a momentous milestone in SJVN’s 36-year journey.
Himachal Pradesh government will take back power projects that do not comply with the state’s condition of 12 per cent, 18 percent and 30 per cent power royalties on power generated.
One of the key outcomes of this partnership will be the development of predictive analytics algorithms.
The projects will be developed through the SJVN Green Energy Limited (SGEL), a wholly-owned subsidiary of SJVN, in four districts -- Nashik, Solapur, Ahmednagar, and Pune.
While addressing reporters, the SJVN chairman and managing director, Nand Lal Sharma, said, “SJVN has envisaged a new mission of becoming a 12,000MW company by 2026.
Mann said that the state government will save Rs 431 crore through this negotiation, adding that the earlier governments had mercilessly plundered public money by signing these agreements to benefit the private players.
In February the Himalayan state of Himachal Pradesh, which is facing the brunt of climate change impacting lives, environment and the economy, and the World Bank discussed a greener and more sustainable growth path to achieve the target of a 'Green Energy State' by 2026.
This was discussed during a meeting of SJVN director finance Akhileshwar Singh with Assam Chief Minister Himanta Biswa Sarma in Guwahati.
SJVN has a total portfolio of around 31,500 MW and now has power projects of more than 31 GW capacity under operation & different stages of development.