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SJVN Ltd. Company History and Annual Growth Details

Our Company was incorporated on May 24, 1988 under the Companies Act with the RoC under the name "Nathpa Jhakri Power Corporation Private Limited". The word "Private" was deleted under Section 620 read with Section 21 and 23 of the Companies Act with effect from November 3, 1988. Subsequently, pursuant to the shareholders resolution dated September 17, 2002, the name of the Company was changed from "Nathpa Jhakri Power Corporation Limited" to "Satluj Jal Vidyut Nigam Limited" as the operations of our Company were based in and around the river Sutlej. Consequent thereto a fresh certificate of incorporation dated November 11, 2002 was issued by the RoC. Further, pursuant to the shareholders resolution dated September 10, 2009, the name of the Company was again changed from "Satluj Jal Vidyut Nigam Limited" to "SJVN Limited" as the operations of our Company expanded and were no longer confined to the area in and around the river Sutlej. By the same resolution dated September 10, 2009, the Company was converted into a public limited company. Accordingly a fresh certificate of incorporation dated September 22, 2009 was issued by the RoC.
Major events

Year Event

1988 Incorporation of the Company

1992 Company took over the execution of NJHEP from HPSEB

1997 Enhancement of authorised share capital of Company from Rs.10,000 million to Rs. 22,000 million.

1999 Enhancement of authorised share capital of Company from Rs.22,000 million to Rs. 45,000 million.

2002 Change of name of Company from Nathpa Jhakri Power Corporation Limited to Satluj Jal Vidyut Nigam Limited

2003 Commercial generation of units for NJHEP

2004 GoHP allocated Luhri Hydro Electric Project to the Company for preparation of detailed project report
Implementation agreement signed with GoHP for RHEP.

2005 DPR cleared by CEA for RHEP
Agreement signed with Government of Uttarakhand for execution of Devsari HEP (300 MW), Naitwar Mori HEP (33 MW) and Jakhol Sankri HEP (33 MW) on BOO basis.

2006 Public Investment Board clearance for RHEP.

2007 CCEA clearance for RHEP

2008 Grant of Mini Ratna Category I status to the Company;
Upgradation of the Company from Schedule B to Schedule A Central Public Sector Enterprise;
MoU signed for Arun - III HEP with Government of Nepal;
MoU signed between GoHP and the Company for the implementation of Luhri HEP; and
MoU signed for the execution of Dhaulasidh HEP with GoHP.

2009 Change of name of Company from "Satluj Jal Vidyut Nigam Limited" to "SJVN Limited";
Change of status of Company from private limited company to public limited Company;
Enhancement of authorised share capital of Company from Rs.45,000 million to Rs. 70,000 million;
Sub division of face value of equity shares from Rs.1,000 per equity share to Rs. 10 per equity share.

2010 For the first time in the operating history of the NJHPS, 7017.55 million units were generated in the Fiscal 2010


Awards and recognitions

We were awarded the Rajiv Gandhi National Quality Award, 2008 in the ‘Best of All’ category on December 17, 2009 by the Bureau of Indian Standards.

We have received the following awards and recognitions from the Greentech Foundation for achieving and maintaining high standards in various aspects of our business.

The Greentech Foundation was established in the year 1999 and is based in California and New Delhi. The foundation is a non-profit organisation committed to recognising outstanding performance in relation to safety issues. The foundation has also taken a lead role in promoting education, training, research and dissemination of knowledge, advancing the scientific, technical and practical aspects of safety in the workplace, environment protection and climate change. To this effect, the Greentech Foundation has instituted the annual Greentech Foundation Safety Awards and Greentech Environment Excellance Awards to recognise, reward and promote exceptional goals in the field of safety and all positive aspects of environmental responsibilities.

S.No. Award Awarded By In recognition of Date

1 Safety Award Greentech Foundation Outstanding achievement in safety management 2009, 2008,2007

2 Greentech Environment Excellence GreentechFoundation Outstanding achievement in environment Mgt 2009
Award (Silver Award)

3 Greentech Environment Excellence Greentech Foundation Outstanding achievement in environment 2007 and 2006
Award (Bronze Award)

Certifications

We have received the following certifications including renewals in various aspects of our business:

Year Certification

2009
Bureau of Indian Standards granted to the Company a license (no. 9000132) for occupational health and safety managementsystems certification to carry out activities at RHEP (for construction of tunnel from Jhakri to Bayal and construction of power house at Bayal for generation of 412 MW of hydro electricity including office and allied works) in accordance with the IS 18001:2007. The license is valid from March 31, 2009 until March 30, 2012.

2009 Bureau of Indian Standards granted to the Company a license (no. 9000302) for occupational health and safety management systems certification to carry out activities at RHEP (for construction of tunnel from Jhakri to Bayal and construction of power house at Bayal for generation of 412 MW of hydro electricity including office and allied works) in accordance with the IS 14001:2004. The license is valid from March 31, 2009 until March 30, 2012.

2008 Certificate granted by the certification body of the TUV SUD Management Service GmbH Trading as TUV SUD South Asia Private Limited to the Company certifying that the construction of the tunnel and power house from Jhakri to Bayal for generation of 412 MW of electricity complied with the requirements of ISO 9001:2000.

2008 Det Norkse Veritas Management System Certificate granted to the Company certifying that the quality management system of the Company with regard to the services of design, contracting, quality assurance and related support to hydro power projects / hydro power stations conforms to the Quality Management System Standard ISO 9001: 2000. The certificate is valid until February 11,2011.


2010

- SJVN Ltd has appointed Sh. R. N. Misra, Ex. Executive Director, NHPC Ltd. as Whole Time Director (Civil) on the Board of SJVN Ltd.

The appointment was noted by the Board in its Board Meeting held on May 26, 2010.

-Company has changed its name from Satluj Jal Vidyut Nigam Ltd. to SJVN Ltd.

2011

-Company has appointed Shri S.M.Lodha, Shri K.S.Gill, Ms Asha Swarup, Shri Arun Mahajan as a Independent Directors.

-Board recommended a Dividend of Rs. 0.80 per equtity share.

2012

-Company has appointed Shri R. K. Bansal as a Whole Time Director (Electrical).

- Board recommended a Dividend of Rs. 0.94 per equity share.

2013

-Board recommended a Dividend of Rs. 0.96 per equity share.

-SJVN inks MoU with Power Ministry to generate 6930 mn units of energy

-SJVN acquires Buxar Bijlee for thermal power project

2014

- Commencement of commercial operations of 3 units of 412 MW Rampur Hydro Electric Project of SJVN Limited

-SJVN Signs MoU for carrying out pre-construction activities for development of Kholongchhu Hydroelectric Power Project (600MW) till formation of Joint Venture Company in Bhutan.

-SJVN Signs MoU to form a Joint Venture Company for implementation of First Phase (1000 MW) of Worlds largest 4000 MW Ultra Mega Solar Power Project.

-SJVN inks MoA for 80 MW Doimukh Hydel Project in Arunachal Pradesh.

-SJVN inks MoU with five other PSUs for 4000 MW solar power project

2015
-SJVN inks MoU with Hindustan Salts Limited and Rajasthan Electronics and Instruments Limited
-SJVN inks pact with 6 state power generating companies
-SJVN signs JV Agreement for formation of Joint Venture for Mining of Coal Block in West Bengal
-SJVN Signs MoU with Ministry of Power
-SJVN inks MoU with Saurya Urja Company of Rajasthan Ltd

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