April 12, 2011 4:43:49 am
Surpassing all previous records,the 1500-MW Nathpa Jhakri hydro power project,the countrys largest hydro-power project,has created a new record of generating 7,140 million units (MU) of power during the financial year 2010-11.
The project is located on Satluj River and is operated by Satluj Jal Vidyut Nigam limited (SJVNL). It had targeted to generate 6700 MU of electricity during the year,which has been exceeded by 440 MU.
In the last financial year 2009-10,the project had generated a record 7,019 million units of electricity against the target of 6700 MUs.
For the current year 2011-12,the power project is targeted to generate 6900 million units as per the MoU signed with the Ministry of Power recently.
The project that started generation in 2003-04 has been supplying power to the nine northern grid states,namely Haryana,Himachal Pradesh,Jammu & Kashmir,Punjab,Rajasthan,Uttar Pradesh,Uttarakhand,Chandigarh and Delhi. As a result of optimum machine and plant management,the power generation has registered a gradual increase of about 40 per cent during the last seven years of successful operations.
During the year 2004-05,the power station had generated 5,108 MU despite the fact it ran into serious troubles after flash floods in the Satluj River due to bursting of Parcechu Lake.
The companys net profits too have increased from Rs 298.43 cr in 2004-05 to Rs 972.74 cr in 2009-10. The company went public during 2010-11 with the issue of 41.5 crore shares,which was oversubscribed 6.6 times.
SJVN is in the process of implementing 10 hydro power projects in Himachal Pradesh and Uttarakhand besides neighboring countries,namely Bhutan and Nepal,to add 5000 MW to its capacity. Its 412 MW Rampur Hydro Electric Project is heading for commissioning during the year 2013.
The SJVNL is also likely to take up a 50-MW wind power project at an estimated cost of Rs 300 crore,as a step towards harnessing the renewable sources of energy.
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