SJVN’s NMHEP First Unit Commences Commercial Operation, Bolstering India’s Energy Landscape
SHIMLA, India – November 24, 2023 – In a significant leap towards India’s sustainable energy goals, SJVN, a frontrunner in hydropower development, proudly announces the commercial operation of the first unit of its 60 MW Naitwar Mori Hydro Electric Project (NMHEP). This momentous achievement marks a pivotal step in SJVN‘s unwavering commitment to harnessing clean and renewable energy sources for the nation’s growing power needs.
The successfully synchronized 30 MW unit, following rigorous testing procedures, has seamlessly integrated with the national grid, propelling SJVN’s total generation capacity to an impressive 2122 MW from 2091.50 MW. This remarkable feat underscores the company’s unwavering dedication to sustainable energy solutions.
“This milestone marks a triumphant moment for SJVN,” elatedly remarked Nand Lal Sharma, Chairman & Managing Director of SJVN. “The NMHEP stands as a testament to our unwavering commitment to developing sustainable hydropower projects that not only contribute to India’s energy security but also empower local communities.”
Located on the River Tons, a major tributary of the River Yamuna in Uttarkashi district of Uttarakhand, the NMHEP is a run-of-the-river project poised to revolutionize the region’s energy landscape. With an anticipated annual electricity generation of 265.5 million units, the project will undoubtedly play a pivotal role in fulfilling the region’s burgeoning energy demands.
“The NMHEP is a beacon of India’s commitment to clean and renewable energy,” asserted Mr. Sharma. “We are committed to harnessing the power of nature to fuel India’s sustainable growth.”
SJVN’s unwavering commitment to sustainability extends beyond energy generation. The company has pledged to provide 12% free electricity to the state of Uttarakhand as royalty upon the project’s commissioning. Additionally, each Project Associated Family will receive an amount equivalent to the cost of 100 Units of electricity per month for ten years, demonstrating the company’s dedication to empowering local communities.
As a diversified transnational CPSE, SJVN holds a formidable presence across India, Nepal, and Bhutan. With a diverse portfolio of hydro, solar, wind, and thermal power projects, coupled with power transmission and power trading businesses, SJVN stands as a stalwart in India’s energy sector.
Driven by an unwavering commitment to sustainable development, SJVN relentlessly pursues its mission to achieve an installed capacity of 12,000 MW by 2026 and its shared vision of 50,000 MW by 2040.
About SJVN
SJVN, a leading hydropower developer in India, is committed to harnessing the power of nature to fuel India’s sustainable growth. With a diversified portfolio encompassing hydro, solar, wind, and thermal power projects, as well as power transmission and power trading businesses, SJVN stands as a cornerstone of India’s energy landscape.
