BBA Internship Report Format

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Format of the Cover Page and Inner Cover Page
SJVN
Submitting in partial fulfilment of the requirements
for the Award of the Degree of
BACHELOR OF BUSINESS ADMINISTRATION
By
Manan Mahajan
21COMF29
Under the Guidance of
Dr.Kumaraswamy
KRISTU JAYANTI COLLEGE (AUTONOMOUS)
K. NARAYANPURA, KOTHANUR POST,
BANGALORE - 560077
2023 – 2024

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CERTIFICATE FROM GUIDE
This is to certify that this internship work titled ............................................................... is based on an
original study conducted by......................... (with Reg. No) of V semester BCom under my guidance.
This internship work has not formed the basis for the award of any degree/ diploma by Bangalore North
University or any other university.
Place:
Date: Name of the Guide

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CERTIFICATE FROM INSTITUTION
This is to certify that this internship work titled .........................................is based on an original study
conducted by......................................... (With Reg. No.) of V semester BCom under the guidance of
..................................................................................
This internship work is based on original and has not formed the basis for the award of any degree/diploma
by Bangalore North University or any other University.
Head of the Department
Place:
Date:

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DECLARATION FROM CANDIDATE
I....................................., hereby declare that this internship work titled.................................... is based on
the original study conducted by me under the guidance of ......................................
This has not been submitted earlier for the award of any other degree/diploma from Bangalore North
University or any other University.
Place:
Date:
Reg. No: Student’s Name

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Company Completion Certificate

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TABLE OF CONTENTS
S. No. Chapter No. Particulars
Page
No.
1 1 Introduction 08-09
2 2 Industry Profile 10-21
3 3 3 C Analysis – Company, Customer, Competitor 22-40
4 4 Organizational Structure/ Departments Profile 41-46
5 5 SWOC Analysis 47-50
6 6 Learning Outcomes 51-53
7 7 Conclusion 54-56

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Chapter 1
Introduction
Receiving positive feedback, students gain confidence in their abilities and increase their overall
professional an internship is a temporary work experience offered by companies and organizations to
individuals, typically students or recent graduates, who want to gain practical knowledge and skills in a
specific field. It provides an opportunity to apply theoretical knowledge learned in classrooms to realworld
work settings.
Internships can vary in length, ranging from a few weeks to several months. They can be either paid or
unpaid, depending on the company and the industry. During an internship, individuals work under the
supervision of experienced professionals and are given the chance to work on projects and tasks related to
their field of interest.
*benefits of internship for a student are-
1) gain work wxperience: Internships provide students with the opportunity to gain real-world work
experience and develop valuable skills related to the workplace or their specific field of study. This
experience can make students stand out to potential employers and enhance their resumes.
2)explore esteem career paths: Internships allow students to explore different industries and career
paths, helping them make informed decisions about their future careers. By working in a specific field,
students can gain insights into the day-to-day responsibilities, challenges, and rewards of a particular
profession.
3)boost confidence: Internships can boost students' self-confidence by providing them with real
responsibilities and the chance to contribute to meaningful projects. Through successfully completing
assigned tasks and self-
Internship for me was an experience which helped me to grow a lot. I’m grateful that our college made us
do the internship so that we get to know how the corporate world works.
I did my internship in SJVN which is a central government owned firm, and I was working under the Finance
department.
FINANCE-
Finance is a term for matters regarding the management, creation, and study of money and investments. It
involves the use of credit and debt, securities, and investment to finance current projects using future

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income flows. Because of this temporal aspect, finance is linked to the time value of money, interest rates,
and other related topics.
Finance can be broadly divided into three categories:
1)Public Finance
2)Corporate Finance
3)Personal Finance
*SOME KEY FINANCIAL TERMS ONE SHOULD KNOW ARE –
1)asset: An asset is something of value, such as cash, real estate, or property. A business may have
current
2)liability: A liability is a financial obligation, such as debt. Liabilities can be current or long-term.
3)balance sheet: A balance sheet is a document that shows a company's assets and its liabilities.
Subtract the liabilities from the assets to see the firm's net worth.
4)cash flow: Cash flow is the movement of money into and out of a business or household.
5)compound interest: Unlike simple interest, which is interest added to the principal one time,
compound interest is calculated and added periodically. This results in interest being charged not only
on the principal, but also on the interest already gained.
6)equity: Equity means ownership. Stocks are called equities because each share stands for a part of
7)liquidity: Liquidity refers to how easily an asset can be converted to cash. For example, real estate
is not a very liquid investment, because it can take weeks or months to sell.
8)profit: Profit is the money left over after expenses. A profit and loss statement shows how much a
business has earned or lost for a particular period

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Chapter 2
SJVN
SJVN, formerly known as Satluj Jal Vidyut Nigam, is an Indian public sector undertaking involved in
hydroelectric power generation and transmission. It was incorporated in 1988 as Nathpa Jhakri Power
Corporation, a joint venture between the Government of India and the Government of Himachal
Pradesh.[3][4] The company has a total operating hydropower capacity of 1912 MW through its two
hydropower plants—Nathpa Jhakri and Rampur. In addition, it has an installed capacity of 97.6 MW of
wind power and 81.9 MW of solar power.
Beginning with a single project and single State operation (i.e. India’s largest 1500 MW Nathpa Jhakri
Hydro Power Station in Himachal Pradesh), the Company has commissioned eight projects totaling 2091.5
MW of installed capacity and 86 km 400 KV Transmission Line. SJVN is presently implementing or
operating power projects in Himachal Pradesh, Uttarakhand, Bihar, Maharashtra, Uttar Pradesh, Punjab,
Gujarat, Arunachal Pradesh, Rajasthan, Assam, Odisha, Mizoram and Madhya Pradesh in India.
SJVN Ltd is a hydroelectric power generation company. The company is the largest operational
hydroelectric power generation facility in India based on installed capacity, with an aggregate generation
capacity of 1912 MW. SJVN has expanded its horizons and envisions developing itself into a fully
diversified transnational power sector company in all types of conventional and non-conventional forms of
energy along with Power Transmission. The company is also engaged in the business of providing
consultancy. All India installed power generation capacity as on 31 March, 2022 was 3,99,496.61 MW. As
regards hydro potential, India has an estimated potential of about 1,50,000 MW out of which as on 31 March,
2022 only about 46722.52 MW has been commissioned.
Key Information-
1)ownership
SJVN is a joint venture with the Government of India holding a majority stake (63.79%) and the
Government of Himachal Pradesh owning the remaining shares (36.21%).
2)corporate headquarters-
The company's corporate office is located in Shimla, Himachal Pradesh, India.
3)chairman & managing director-
As of my last knowledge update in September 2021, Mr. Nand Lal Sharma served as the Chairman
& Managing Director.
4)listed on stock exchanges-

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SJVN is a publicly listed company, and its shares are traded on the Bombay Stock Exchange (BSE)
and the National Stock Exchange (NSE) in India.
# Core Activities
SJVN Limited primarily focuses on the following core activities:
1. hydroelectric power generation:
SJVN is renowned for its expertise in hydroelectric power generation. It operates and maintains a
portfolio of hydroelectric power projects across Himachal Pradesh and other states in India. These
projects harness the power of flowing water to generate clean and sustainable energy.
2.renewable energy:
The company plays a pivotal role in India's renewable energy landscape. Its hydroelectric projects
contribute significantly to the country's renewable energy capacity, reducing greenhouse gas
emissions and promoting sustainable development.
3.international ventures:
SJVN has explored opportunities for hydroelectric power projects beyond India's borders. It has been
involved in discussions and collaborations with neighbouring countries like Nepal and Bhutan to
harness their hydropower potential.
# Infrastructure and Capacity
SJVN Limited boasts an impressive portfolio of hydroelectric power projects with a combined installed
capacity of several gigawatts. Some of the notable projects under its portfolio include:
1)nathpa jhakri hydro power station:
Located in Himachal Pradesh, this is one of the largest underground hydroelectric power stations in
the country. It has a capacity of 1,500 megawatts (MW).
2)rampur hydro electric project:
Situated on the Sutlej River in Himachal Pradesh, this project has an installed capacity of 412 MW.
3)kinnaur district projects:
SJVN has multiple projects in the Kinnaur district of Himachal Pradesh, contributing significantly to
the state's power generation capacity.
These projects collectively demonstrate SJVN's commitment to sustainable energy generation and its
role in powering the nation.

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# Corporate Social Responsibility (CSR)
SJVN Limited places a strong emphasis on Corporate Social Responsibility (CSR) and is actively involved
in various initiatives aimed at community development, education, healthcare, and environmental
conservation. Some of its CSR activities include:
1)educational initiatives:
SJVN supports educational institutions and scholarship programs to promote education, especially in
rural areas.
2)healthcare services:
The company provides healthcare facilities, organizes medical camps, and supports healthcare
infrastructure development in underserved communities.
3)environmental conservation:
SJVN is dedicated to preserving the environment and undertakes tree plantation drives, promotes
sustainable practices, and actively participates in preserving the ecology around its project areas.
## Awards and Recognitions
SJVN Limited has received numerous awards and recognitions for its exceptional contribution to the power
sector and its commitment to corporate governance. Some notable accolades include:
1)dun & bradstreet PSU awards:
SJVN has been consistently recognized for its financial performance and corporate governance.
2)mini ratna category-i status:
The company holds the prestigious Mini Ratna Category-I status, signifying its efficient and profitable
operations.
3)golden peacock environment management award:
SJVN has been honored for its dedication to environmental conservation.
4)NHPC excellence award:
The National Hydroelectric Power Corporation (NHPC) has recognized SJVN for its operational
excellence in the hydroelectric power sector.
# Future Endeavors

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As India continues to emphasize sustainable and clean energy sources, SJVN Limited is poised for further
growth. The company is expected to explore new opportunities in hydroelectric power generation, expand
its international presence, and contribute significantly to India's renewable energy goals.
# Financial Performance
1)financial stability:
SJVN has demonstrated financial stability over the years, with consistent revenue growth and
profitability. Its prudent financial management has earned it recognition in the Mini Ratna Category-
I status, signifying its efficient and profitable operations.
2)investment in infrastructure:
The company continues to invest in expanding and modernizing its infrastructure. These investments
are crucial for maintaining and enhancing the efficiency of its hydroelectric power projects.
3)dividends and shareholder returns:
SJVN has a history of paying dividends to its shareholders, including the Government of India and
the Government of Himachal Pradesh. Shareholders have benefited from the company's financial
performance.
# Commitment to Sustainability
1)green energy:
SJVN's focus on hydroelectric power aligns with India's commitment to green and renewable energy
sources. Hydroelectric power is a clean and sustainable form of energy, contributing to a reduction in
greenhouse gas emissions.
2)environmental compliance:
The company places a strong emphasis on environmental compliance and mitigation measures in its
project areas. It adheres to strict environmental regulations and takes measures to protect local
ecosystems.
3)community engagement:
SJVN actively engages with local communities near its project areas, seeking to improve their quality
of life through various initiatives. This includes infrastructure development, healthcare services, and
educational support.

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# International Collaborations
1)bilateral projects:
SJVN has explored the potential for bilateral projects with neighboring countries. Collaborations with
Nepal and Bhutan, both rich in hydropower resources, exemplify its efforts to expand its international
presence.
2)energy export:
These collaborations can lead to the export of surplus electricity to neighboring nations, fostering
economic cooperation and energy security in the region.
# Technological Advancements
1)innovation:
SJVN embraces technological advancements to improve the efficiency and performance of its
hydroelectric projects. Continuous research and development initiatives ensure that its power stations
remain at the forefront of hydroelectric technology.
2)digitalization:
The company is progressively adopting digital solutions and smart technologies for better monitoring,
maintenance, and control of its power generation assets.
# Corporate Governance
1)transparent practices:
SJVN has a strong commitment to corporate governance, ensuring transparency, accountability, and
ethical conduct in its operations. This commitment has earned it accolades and recognition in the
business community.
2)board of directors:
The Board of Directors comprises experienced professionals from diverse fields, contributing to the
company's strategic direction and decision-making.
# Future Prospects
As India's energy demands continue to grow, SJVN Limited stands at the forefront of the nation's efforts to
meet these demands sustainably. The company's vision for the future includes:
1)expansion:
Exploring opportunities to expand its hydroelectric capacity in India and abroad.

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2)diversification:
Diversifying its energy portfolio to include other forms of renewable energy.
3)international partnerships:
Strengthening collaborations with neighboring countries for cross-border energy trade.
4)sustainable growth:
Continuing its commitment to sustainable and responsible growth in the energy sector.
Growth Of SJVN-
Inception and Initial Projects: SJVN Limited was incorporated in May 1988. It is a joint venture between
the Government of India and the Government of Himachal Pradesh. The company's primary focus is on the
development, operation, and maintenance of hydroelectric power projects.
1)hydropower projects: SJVN has been involved in the construction and operation of several
hydroelectric power projects across India. Some of the prominent projects include the 1500 MW
Nathpa Jhakri Hydro Power Station in Himachal Pradesh and the 412 MW Rampur Hydro Power
Station, also in Himachal Pradesh.
2)diversification: While hydroelectric power remains the core focus, SJVN has also ventured into
other renewable energy sources like solar and wind power. The company has been exploring
opportunities to diversify its portfolio and contribute to India's renewable energy goals.
3)international ventures: SJVN has also been involved in international projects. For instance, the
company had signed a memorandum of understanding (MoU) with the government of Nepal to
develop the Arun-3 Hydro Electric Project in Nepal.
4)public listing: In 2010, SJVN was listed on Indian stock exchanges, becoming a publicly traded
company. This allowed the company to raise funds for its expansion and development projects.

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5)growth initiatives: SJVN has been actively exploring opportunities to expand its generation capacity
and contribute to India's energy needs. This includes the development of new hydroelectric projects
and the exploration of other renewable energy sources.
6)corporate social responsibility: SJVN has been engaged in various social and environmental
initiatives, particularly in the areas surrounding its project locations. The company has undertaken
initiatives related to education, healthcare, skill development, and more as part of its corporate social
responsibility efforts.
7)recognition: SJVN has received recognition for its performance and contributions to the energy
sector.
The company has been honored with awards and accolades for its achievements in various fields.
VISION
To be best-in-class Indian Power Company globally admired for developing affordable clean power
and sustainable value to all stake holders.
MISSION
To drive socio-economic growth and optimize shareholders and stakeholders interest by
1)Developing and operating projects in cost effective and socio-environment friendly manner.
2)Nurturing human resources talent with care.
3)Adopting innovative practices for technological excellence.
4)Focusing on continuous growth and diversification.
OBJECTIVE
In the pursuit of above mission, the company had set for itself the following corporate objectives:
1)Operating and maintaining power stations with maximum performance efficiency.
2)Establishing and following sound business, financial and regulatory policies.

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3)Taking up of other hydro power projects.
4)Completion of the new projects allocated to SJVN in an efficient and cost effective manner.
5)Use of the best project management practices for the project implementation by applying latest
universally accepted Project Management Techniques, and by enabling its Engineers, to become
certified Project Managers through further trainings.
6)Dissemination of available in-house technical and managerial expertise to other utilities / projects.
7)Creating work culture and work environment conducive to the growth and development of both the
organization and the individuals through introduction of participative management philosophy.
8)Fulfilling social commitments to the society. Achieving constructive cooperation and building
personal relations with stakeholders, peers, and other related organization.
9)Striving clean and green project environment with minimal ecological and social disturbances.
10)To strive for acquiring Navratna Status.
Regulatory framework of SJVN-
1)Ministry of Power (MoP): The Ministry of Power in India manages the development of policies and
programs related to electric power generation, transmission, distribution, and utilization. SJVN, being
a power generation company, runs under the guidelines and policies set by the Ministry of Power.
2)Central Electricity Regulatory Commission (CERC): CERC is a statutory body responsible for
regulating the generation, transmission, and distribution of electricity at the central level. It sets tariffs
for electricity generation, transmission, and inter-state transmission.
3)State Electricity Regulatory Commissions (SERCs): Each state in India has its own SERC, which
regulates the electricity sector within the state. SERCs determine tariffs for intra-state transmission
and distribution, ensuring fair pricing and quality of service.
4)Renewable Energy Policy: The Indian government has formulated policies and targets to promote
renewable energy sources, including hydroelectric power. SJVN's operations and expansion plans in
the renewable energy sector are influenced by these policies and targets.

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5)Environmental Regulations: Hydroelectric power projects, like other infrastructure projects, are
subject to environmental regulations. These regulations ensure that projects are executed with minimal
negative impact on the environment. The Ministry of Environment, Forest and Climate Change
(MoEFCC) oversees these regulations.
6)Hydroelectric Power Policy: India has a specific policy framework for the development of
hydroelectric power projects. This framework outlines guidelines for project planning, environmental
considerations, land acquisition, and other relevant aspects.
7)Public Sector Undertaking (PSU): Guidelines: As a PSU, SJVN operates under guidelines set by
the government for the functioning of public sector enterprises. These guidelines may pertain to
financial management, transparency, accountability, and social responsibility.
8)Corporate Governance: SJVN, like other companies, follows corporate governance principles to
ensure effective management, accountability to shareholders, and transparency in operations.
9)Power Purchase Agreements (PPAs): SJVN's power generation is often sold through Power
Purchase Agreements. These agreements outline the terms and conditions under which electricity is
supplied to distribution companies or other buyers.
CERTIFICATION Of SJVN
1)certification in 2009
Bureau of Indian Standards granted to the Company a license (no. 9000132) 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 18001:2007. The license is
valid from March 31, 2009 until March 30, 2012.

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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.
3)certification In 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.
Det Norkse Veritas Management System Certificate granted to the Company certifying that the quality
management system of the Company regarding 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.
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,
Certification
6) certification in 2011

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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.
Company has appointed Shri R. K. Bansal as a Whole Time Director (Electrical).
Board recommended a Dividend of Rs. 0.94 per equity share.
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
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
SJVN inks MoU with Hindustan Salts Limited and Rajasthan Electronics
SJVN inks pact with 6 state power generating companies

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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
SJVN climbs 13 percent after Cabinet nod to investment in Buxar
SJVN inks MoU with Government of Nepal
SJVN has tied up finance for its 900 MW hydropower project
SJVN bags 70 MW Grid Connected Solar Project in the State of Gujarat''
SJVN Bags 679 MW Lower Arun Hydro Electric Project in Nepal''
SJVN expands footprint in wind energy; secures a 100 MW Wind Power Project''.
SJVN bags 200 MW solar power project from MSEDCL.
SJVN bags Rs 585-cr floating solar project from REWA Ultra Mega Solar.
SJVN bags its first ever wind-solar hybrid project.

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CHAPTER-3
3C Analysis
1)Company Analysis
SJVN, formerly known as Satluj Jal Vidyut Nigam, is an Indian public sector undertaking involved in
Corporation, a joint venture between the Government of India and the Government of Himachal Pradesh.
The company has a total operating hydropower capacity of 1912 MW through its two hydropower plants—
Nathpa Jhakri and Rampur. In addition, it has an installed capacity of 97.6 MW of wind power and 81.9
MW of solar power.
Beginning with a single project and single State operation (i.e India’s largest 1500 MW Nathpa Jhakri Hydro
Power Station in Himachal Pradesh), the Company has commissioned eight projects totaling 2091.5 MW of
installed capacity and 86 km 400 KV Transmission Line. SJVN is presently implementing or operating
power projects in Himachal Pradesh, Uttarakhand, Bihar, Maharashtra, Uttar Pradesh, Punjab, Gujarat,
Arunachal Pradesh, Rajasthan, Assam, Odisha, Mizoram and Madhya Pradesh in India.
Apart from India, SJVN also has under-construction hydroelectric projects in Nepal and Bhutan.
#FINANCIAL PERFORMANCE
A)revenue and profits
The standalone revenue from operation decreased by `68.87 crore to `2421.96 crore during the
financial year 2021-22 compared to `2490.83 crore during the previous year. The standalone Profit
After Tax (PAT) decreased by `655.52 crore to `977.52 crore against `1633.04 crore for the previous
year.
The Subsidiary and Joint Venture companies are under Survey & Investigation/ Construction except
CPTC, which is in operation. Consolidated accounts with the subsidiary & joint venture companies
have resulted in increase in profit of consolidated group by `12.13 crore mainly due to inclusion of
profit of SJVN Arun-3 Power Development Company Pvt. Ltd. And proportionate share of profit of
CPTC.
B)financial highlight

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PARTICULARS STANDALONE CONSOLIDATED
2021-22 2020-21 2021-22 2020-21
INCOME
Revenue from Operations 242196 249083 241700 248539
Other Income 20358 72224 21778 73745
Total Income 262554 321307 263478 322284
EXPENSES
Employees’ Benefits Expense 28941 32055 29062 31722
Finance Cost 16134 (285) 16134 (285)
Depreciation and Amortization
Expenses 40429 39327 40429 39327
Other Expenses 40380 36882 39994 36929
Total Expenses 125884 107979 125619 107693
Current Tax 22909 31627 23286 32012
Adjustments relating to earlier years - - 33 4
Deferred Tax 9301 16191 9301 16191

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C). generation
Gross Energy Generation from various operational plants of the Company during FY 2021-22 is as under-
(Million Units (MU)
Plant Design Energy 2021-22 2020-21
NJHPS 6612 7067.373 7098.925
RHPS 1878.08 1981.193 1995.335
KWPS 85.65 47.230 48.261
CSPS 7.68 8.595 7.219
Plant Design Energy 2021-22 2020-21
SWPP 120.05 102.677 73.750
Profit before regulatory
deferral account balances
102134 136166 103362 137434
Net movement in regulatory deferral
account balances (Net of tax)
(4382) 27138 (4382) 27138
Profit for the Year 97752 163304 98980 164572
Other comprehensive Income
Items that will not be reclassified
subsequently to profit or loss
- Remeasurement of the net defined
benefit liability/ asset
(197) (255) (197) (255)
- Income tax on above item 34 89 34 89
Total (163) (166) (163) (166)

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Wadhal
Solar
1.5 1.404 -
Total 8705.41 9208.472 9223.490
Generation Records & Milestones achieved during FY 2021-22 include: -
•SJVN achieved the Highest Ever Monthly Generation of 1580.426 MU in July, 2021 from all plants.
•NJHPS achieved the Highest Ever Monthly Generation of 1216.565 MU in July, 2021.
•NJHPS achieved Highest Ever Daily Generation of 39.493 MU on 16.08.2021.
•RHPS achived Highest Ever Monthly Generation of 335.695 MU in July, 2021.
•Highest Ever Quarterly (Q2) Generation of 4404 MU achieved in 2nd quarter FY 2021-22 surpassing
the previous best of 4392 MU in the corresponding period of Last Year.
•Highest Ever Quarterly (Q3) Generation of 1480 MU achieved in 3rd quarter of FY 2021-22
surpassing the previous record of 1344 MU of FY 2019-20.
D)transfer to reserves
During the year no amount was transferred to Reserves of the Company.
E)dividend
During the year, an interim dividend of `1.15 per share has been paid in the month of February 2022.
In addition, your Board has recommended a final dividend of `0.55/- per Share. Thus, subject to your
approval, a total dividend of `1.70 per share (`668.07 crore) is proposed to be paid for FY 2021-22
against `2.20 per share (`864.55 crore) paid during the previous year.
#Operational Performance
Projects under Construction:
A)Arun-3 HEP (900MW):
Arun-3 Hydro Electric Project (900 MW) is located on Arun River in Sankhuwasabha District of
Eastern Nepal. The Project is runof-the-river scheme with 4 hours peaking and is designed to generate

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3924 MU energy annually. SJVN bagged the Project through International Competitive Bidding.
Memorandum of Understanding for the execution of this Project was signed with Government of
Nepal (GoN) on 02.03.2008. The Project was allotted to SJVN on BOOT basis, to be operated by
SJVN for 25 years after the commissioning and thereafter it will be handed over to the Government
of Nepal. SJVN Arun-3
Power Development Company Pvt. Ltd (SAPDC) was registered on 25.04.2013 under Nepalese
Companies Act, 2063 with an aim to plan, promote and execute the Project.
B) Naitwar Mori HEP (60 MW):
Naitwar Mori Hydro Electric Project (60 MW) is located on Tons River, a major tributary of Yamuna
in Uttarkashi district of Uttarakhand. It is designed as run-of-the-river Project and has a potential to
generate 213 MU energy in a 90% dependable year.
C)Buxar Thermal Power Project (1320 MW):
MOU was signed between SJVN, Bihar State Power Holding Company Limited and Bihar Power
Infrastructure Company for the development of 1320 MW Thermal Power Project at village Chausa
in District Buxar of Bihar on 17.01.2013. SJVN acquired the Project executing Company Buxar Bijlee
Company Private Limited on 04.07.2013. The name of Buxar Bijlee Company. Private Limited was
changed to SJVN Thermal Private Limited (STPL), a wholly owned subsidiary company of SJVN
Limited on 17.10.2013. Investment approval for carrying out pre-construction activities of the Project
amounting to ₹436.68 Crores was accorded by GoI on 26.05.2015. MoEF&CC accorded
Environment. Clearance on 28.02.2017. 1058.33-acre private land for Project components was
transferred in the name of STPL on 12.12.2017. Consent to Establish (NOC) was granted by Bihar
State Pollution Control Board on 03.09.2019.
D)Kholongchhu HEP (600 MW):
Kholongchhu Hydro Electric Project is located on river Kholongchhu in Bhutan. SJVN and Druk
Green Power Corporation (DGPC), Bhutan is implementing this project in JV mode. A company
“Kholongchhu Hydro Energy Ltd (KHEL)” was registered in Bhutan on 12.06.2015 with equal equity
contribution. The project will generate 2568 MU of energy annually. Inter-Governmental Agreement
between Royal Government of Bhutan (RGoB) and Government of India (GoI) for implementation of
project was signed on 22.04.2014. Hon’ble Prime Minister of India laid the foundation stone of project
on 16.06.2014. Concession agreement was signed between KHEL and RGoB on29.06.2020.
E) E)Luhri HEP STAGE-1 (210 MW):

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Luhri Hydro Electric Project Stage-1 is a Run-of-the-River (RoR) scheme with installed capacity of
210 MW, located on river Satluj, near village Nirath spread over Shimla and Kullu Districts of
Himachal Pradesh. The project will generate 758 MU of electric energy in a 90% dependable year.
Investment approval amounting to Rs. 1810.56 Cr for main works accorded on 20.11.2020 with
completion period of 62 months from date of investment approval. Foundation stone laid by Hon’ble
Prime Minister on 27.12.2021. Financial closure of the project has been achieved on 28.02.2022 and
agreement signed with State Bank of India.
F) DHAULASIDH HEP (66 MW)
Dhaulasidh Hydro Electric Project with installed capacity of 66 MW is located on river Beas, in
Hamirpur and Kangra districts of Himachal Pradesh. The Project is a run-of-the-river scheme and will
generate 304 MUs of electric energy in a 90% dependable year. MOU was signed with Govt. of
Himachal Pradesh on 25.09.2019. Investment approval amounting to Rs. 687.97 Cr for main works
accorded on 01.10.2020 with completion period of 54 months from date of commencement of
construction works.
Foundation stone laid by Hon’ble Prime Minister on 27.12.2021. Financial closure of the project was
achieved on 18.04.2022 and agreement signed with H.P. State Cooperative bank.
PROJECTS UNDER PRE- CONSTRUCTION, SURVEY & INVESTIGATION STAGES: - i)
1)Sunni Dam HEP (382 MW):
Sunni Dam HEP is a run-of-the-river of river type scheme situated on river Satluj near Khaira village
in Shimla and Mandi districts of Himachal Pradesh. The Project will generate 1382 MU of energy in
a 90% dependable year. Govt. of H.P. reallotted the project on "Stand Alone Basis" to SJVN on
29.08.2017. Investment approval for carrying out preconstruction activities amounting to Rs 85.09
crore accorded by GoI on 18.04.2018. MOU was signed with Govt. of Himachal Pradesh on
25.09.2019. Groundbreaking ceremony of project was presided over by Hon’ble Prime Minister on
27.12.2021. For investment approval of main works, proposal amounting to Rs. 2614.51 Cr. at March
22 price level recommended by PIB on 27.01.2022. CCEA approval is under process with GoI
ii) Luhri HEP Stage-2 (172 MW):
Luhri Hydro Electric Project Stage-2 is a run-of-the-river type scheme proposed on river Satluj near
village Nanj, in Shimla, Kullu and Mandi districts of Himachal Pradesh. The Project will generate 632

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MU of energy in a 90% dependable year. Govt. of H.P. re-allotted the project on "Stand Alone Basis"
to SJVN on 29.08.2017. Investment approval for carrying out preconstruction activities amounting to
Rs.72.478 Cr. has been approved by GoI on 16.03.2018. MOU was signed with Govt. of Himachal
Pradesh on 25.09.2019.
iii) Devsari HEP (194 MW):
Project is a Run-of-the-River (RoR) scheme located on river Pinder, a major tributary of river
Alaknanda in district Chamoli of Uttarakhand. DPR of project with 252 MW installed capacity was
concurred by CEA on 07.08.2012.
iv)Jakhol Sankri HEP (44 MW):
Jakhol Sankri HEP with proposed installed capacity of 44 MW is located on River Supin, a tributary
of River Tons in Uttarkashi District of Uttarakhand. The project is designed as run-of-theriver project
and will generate 166 MU of energy in a 90% dependable year. Investment approval for carrying out
preconstruction activities of project has been accorded by GoI at an estimated cost of Rs 84.50 Cr. on
15.09.2017.
v)Jangi Thopan Powari HEP (804 MW):
Jangi Thopan Powari HEP is located on river Satluj in Distt. Kinnaur of Himachal Pradesh. GoHP
has allotted this project with installed capacity of 780 MW on 24.11.2018 and MoU was signed on
25.09.2019. Investment approval for carrying out preconstruction activities of project has been
accorded by GoI at an estimated cost of Rs 93.24 Cr. on 20.05.2021.
vi) Reoli-Dugli HEP (456 MW):
GoHP allotted this project with capacity of 430 MW in Chenab basin on 23.10.2019. Template MoU
signed with GoHP on 06.11.2019. DPR of project has been prepared and submitted to CEA on

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28.12.2021. After investigation, capacity of project has been revised to 456 MW against allotted
capacity of 430 MW. Drilling work has been awarded on 20.07.2021 and is in progress.
vii) Purthi HEP (232 MW):
was signed with GoHP on 25.09.2019. Project is in pre-DPR stage, and six preliminary chapters
submitted to CEA on 02.09.2020. 1st consultation meeting held on 20.10.2020. After investigation,
capacity of project revised to 232 MW against allotted capacity of 210 MW. Drilling and drift works
are under progress. PreDPR chapters are being prepared.
viii) Bardang HEP (175 MW):
was signed with GoHP on 25.09.2019. Project is in Pre-DPR stage and six preliminary chapters
submitted to CEA on 30.09.2020. 1st consultation meeting held with CEA on 06.11.2020. After
investigation, capacity of project revised to 175 MW against allotted capacity of 138 MW. Pre-DPR
chapters are being prepared.
ix) Hydro Power Projects in Arunachal Pradesh
MoP, GoI has identified 5 Hydro Power Projects i.e. Etalin HEP (3097 MW), Attunli HEP (680 MW),
Emini (500 MW), Amulin (420 MW) and Mihumdon (400 MW) totalling 5097 MW in Dibang basin
of Arunachal Pradesh for allocation to SJVN. Meeting with Hon’ble Chief Minister of Arunachal
Pradesh was held on 29.12.2021. Discussions with Govt. of Arunachal Pradesh for finalization of
terms & conditions for allotment are in progress. Consultant has been hired to carry out due diligence
process for Etalin & Attunli HEPs.
x) Arun-4 HEP (490 MW)
Arun-4 Hydro Electric Project is a run of the river type scheme proposed to harness the hydel potential
of river Arun. For the development Project registered with CEA on 08.07.2022. Draft PIB for
Investment approval of pre-construction activities submitted to MoP on 22.07.2022 is under process.
Draft JV Agreement submitted to NEA on 11.07.2022 is under finalization.

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PROGRESS OF PROJECTS (RENEWABLE ENERGY)
SJVN is fast expanding its foot prints in the field of Renewables and aims for adding 1 to 1.5 GW Capacity
on annual basis. To give a thrust to its renewable endeavours, SJVN has registered a Wholly owned
Subsidiary namely “SJVN Green Energy Limited” on 30.03.2022.
The Renewable portfolio at present stands at 3.74 GW which includes Operational (103.2 MW),
Construction (1270 MW), Pre-Construction (850 MW), S&I (1489 MW) & Pre-Award (33 MW). A).
PROJECTS UNDER OPERATION (103.2 MW)
i.Charanka Solar Power Station
SJVN's 5.6 MW Charanka Solar Power Station has been commissioned on 31.03.2017. The project
is located at Charanka Solar Park in Gujarat in an area of about 25.95 Acres. The project has been
conceived under REC Mechanism and the PPA for brown power has been signed with GUVNL on
03.03.2017. Total 12998 RECs (Renewable Energy Certficates)
ii.Khirwire Wind Power Station
SJVN has set up its first Wind Power Project of 47.6 MW capacity at Khirwire / Kombhalne villages
of Ahmednagar district of state of Maharashtra. The Project comprises 56 Wind Energy Generators
(WEGs) each of capacity 0.85 MW. The project started generation w.e.f. 20 January 2014, with the th
commissioning of 1 lot of 25 WEGs and attained full gengeneration st capacity by commissioning the
last 56th WEG on 20.05.2014. The project has been registered with IREDA for availing Generation
Based Incentive @₹0.50 / kWh with a cap of ₹1 Crore per MW. Total Gross Generation from the plant
for FY 2021-22 was 47.230 MU.
iii. Sadla Wind Power Project
SJVN has successfully commissioned its second Wind Power Project of 50 MW capacity, comprising
25 WEGs each of capacity 2 MW at village Sadla, Distt. Surendranagar, Gujarat. PPAwas signed with
Gujarat Urja Vikas Nigam Limited for 38 MW on 30.01.2018 and for balance 12 MW on 30.03.2019.
The project has been fully commissioned on 18.04.2019. Total 102.677 MU had been generated in
FY 2021-22.

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B)PROJECTS UNDER CONSTRUCTION (1270 MW)
Presently, SJVN Ltd has Five solar power projects under construction with total capacity of 1270 MW in
Uttar Pradesh, Rajasthan and Gujarat respectively (listed below).
i.Parasan Solar Park Project
Parasan Solar Park Project of 75 MW of capacity was bagged through Open Competitive Bidding
conducted by Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) on
17.05.2021 and PPA was signed with UPNEDA at a tariff of INR
2.68 per unit. The EPC work was awarded to M/s Solar World Energy Solution Pvt Limited. The
project is in advance stage of construction and is likely to be commissioned by September 2022.
ii.Bagodra Solar Power Project
Bagodra Solar Park Project of 70 MW of capacity was bagged through Open Competitive Bidding
conducted by Gujarat Urja Vikas Nigam Limited on 26.03.2021. PPA was signed with GUVNL at
tariff of INR 2.21 per unit. The EPC was awarded to M/s Refex Energy Limited. The project is in
construction stage and is likely to be commissioned by December 2022.
iii.1000 MW Solar Project under CPSU Scheme .
SJVN during the month of September 2021 bagged 1000 MW Solar Project at a tariff of INR
2.45/Unit and a Viability Gap Funding (VGF) of 44.72 Lakh/MW through competitive bidding under
the CPSU Scheme. The EPC was awarded to M/s TATA Power Solar System Limited. The project is
in the construction stage and is likely to be commissioned by January 2024.
Iv.75 MW Gurhah Solar Power Project.
SJVN through competitive bidding conducted by Uttar Pradesh New & Renewable Energy
Development Agency (UPNEDA) bagged 75 MW Solar Power Projects. PPA has been signed with
UPNEDA at a tariff of INR 2.98/Unit. The EPC work was awarded to M/s Solar World Energy
Solution Pvt Limited. The project is in construction stage and is likely to be commissioned by May
2023.

32
v.75 MW Gujrai Solar Power Project
SJVN through competitive bidding conducted by Uttar Pradesh New & Renewable Energy
Development
Agency (UPNEDA) bagged 50 MW Solar Power Projects. PPA has been signed with UPNEDA at a
tariff of INR 2.98/Unit. The EPC work was awarded to M/s Solar World Energy Solution Pvt. Limited.
The project is in construction stage and is likely to be commissioned by May 2023.
C). PROJECTS UNDER PRE-CONSTRUCTION (850 MW)
i. 200 MW BREDA Solar Project
SJVN through open competitive bidding conducted by Bihar.Renewable Energy Development
Agency (BREDA) bagged 200 MW Solar Power Project in Bihar. Project has been bagged at a tariff
of INR 3.11/Unit. The project is under tendering stage for award of EPC works.
ii.100 MW Raghanesda Solar Project
SJVN through Open Competitive Bidding conducted by Gujarat Urja Vikas Nigam Limited
(GUVNL) bagged 100 MW Solar Power Project to be developed in Raghanesda Solar Park in Gujarat.
PPA has been signed with GUVNL at a tariff of INR 2.64/Unit. The L1 bidder has been discovered
after e-RA.
iii.100 MW GUVNL Phase -XIII Solar Project
SJVN through Open Competitive Bidding conducted by Gujarat Urja Vikas Nigam Limited (GUVNL)
bagged 100 MW Solar Power Project in Gujarat. PPA has been signed with GUVNL at a tariff of
INR2.29/Unit. The project is under tendering stage for award of EPC works.
iv.90 MW Omkareshwar Floating Solar Project
SJVN through Open Competitive Bidding conducted by Rewa Ultra Mega Solar ltd. (RUMSL)
bagged 90 MW Floating Solar Project at Indira Dam, Omkareshwar, Madhya Pradesh. PPA will be
signed with MPSPTCL at a tariff of INR 3.26/Unit. The project is under tendering stage for award of
EPC works.

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v.100 MW PSPCL Solar Project
SJVN through Open Competitive Bidding conducted by Punjab State Power Corporation Limited
(PSPCL) bagged 100 MW Floating Solar Project in Punjab. PPA has been signed with PSPCL at a
tariff of INR 2.65/Unit. The project is under tendering stage for award of EPC works. vi. 260 MW
GUVNL Phase -XIV Solar Project
vi).SJVN through Open Competitive Bidding conducted by Gujarat
Urja Vikas Nigam Limited (GUVNL) bagged 260 MW Solar Power Project in Gujarat. PPA will be
signed with GUVNL at a tariff of INR 2.3031/Unit. The project is under tendering stage for award of
EPC works.
IV. PROJECTS UNDER SURVEY & INVESTIGATION (1489 MW)
i.880 MW Kaza Solar Park
Ministry of New & Renewable Energy (MNRE) has designated SJVN as the Solar Power Park
Developer (SPPD) of 880 MW Kaza Solar Park in Himachal Pradesh. Detailed Project Report
(DPR) of the project has been submitted to MNRE in May 2022.The project is likely to be
commissioned by end December 2025.
ii.400 MW Kinnaur Solar Park
Ministry of New & Renewable Energy (MNRE) in the month of February 2022 has designated SJVN
as the SPPD of 400 MW Kinnaur Solar Park in Himachal Pradesh. The project is under initial stage
of Survey and Investigation. iii.209 MW Solar Projects (5 Nos.) in Himachal Pradesh 5 nos. of Solar
projects are in survey & investigation stage of development in the state of Himachal Pradesh.
D). PROJECTS UNDER PRE-AWARD STAGE (33 MW)
SJVN through Open Competitive Bidding Process has emerged as L-1 bidder in the following solar projects.
a).BBMB 15 MW (Floating Solar)
b).BBMB 18 MW

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c). FUTURE ENDEAVORS
Hon’ble Prime Minister of India has set an ambitious renewable energy target i.e., 175 GW by 2022 and
500 GW by 2030. Aligned with the same, SJVN also aims to become a 5000 MW company by 2023, 25000
MW by 2030 and 50000 MW by 2040 wherein the renewable portfolio shall be increased manifolds.
SJVN has been continuously looking for opportunities for setting up Solar, Wind, Hybrid, Floating Solar,
Ocean Hybrid Platforms Pan India. These opportunities are generally in the form of Competitive Bidding
processes. SJVN is looking forward for participation in various other upcoming competitive Bidding
processes for Solar, Wind and Hybrid (Solar + Wind) to add projects at rate of 1-1.5 GW per year. In addition,
SJVN is also looking forward for direct allocation of Projects from Government Agencies.
#SEXUAL HARASSMENT PREVENTION
SJVN has implemented the Sexual Harassment of Women at Workplace (Prevention, Prohibition and
Redressal) Act, 2013 in its entirety.
Internal Complaints’ Committees as per the provisions of the Act have been constituted at Corporate Office
and Projects sites of SJVN.
Summary of Sexual harassment issues raised, attended and dispensed during the year 2021-22 has been
disclosed in Report on Corporate Governance.
# RISK MANAGEMENT FRAMEWORK
The risk management framework entails formulation of a Risk Matrix to assign the likelihood of occurrence
to the assigned risks along with definition of nature of risk viz. controllable, Uncontrollable & partly
controllable, suggesting a mitigation mechanism and lead responsibility centre. The risk management policy
has a defined Risk Organization Structure with Chief Risk Officer at the helm supported by Risk Controller
along with Risk Managers and Risk Officers performing the line functions.
The Risk Management Strategy includes assessment of risk to designate as falling under Avoidance,
Transfer, Reduction or Retention with associated action plan.
B) Company Customer- to regulation 59 of CERC notification dated 19.02.2021 including arrears of earlier
period.
Particular F.Y. 2021-22 F.Y. 20-21

35
Units of Electricity
Generated (Million Units) 9207.07 9223.49
INCOME ` in Crore
1. Revenue from Operations
a) Energy Sales 2408.68
2448.07
b) Consultancy Income 2.64 5.44
c) Other Operating Revenues 10.64 37.32
Total Revenue from
Operations
2421.96 2490.83
2. Other Income
a) Interest
- On deposits,
advances to
employees, contractors and
Others etc. 113.98 123.92
b) Late Payment Surcharge
from
Beneficiaries 61.41 584.16

Company sells electricity to bulk customers comprising mainly, Electricity Utilities owned by
StateGovernments and private distribution companies.
Sale of electricity
Is generally based on long term Power Purchase Agreements (PPAs) entered with such Utilities. Sales for
the financial year 2021-22 have been recognized at ` 2408.68 crore as compared to ` 2448.07 crore during
the financial year 2020- 21. Energy sales include an amount of ` (68.46) crore (previous year `56.35 crore)
pertaining to earlier years. Sales includes an amount of `208.36 crore (previous year `191.85 crore) on
account of capacity incentive in respect of hydro power stations mainly due to achievement of higher plant
availability factor as compared to Normative Plant Availability Factor. Gross Annual Generation for the
current year was lower as compared to previous year due to decrease in water discharge. The company has
a rebate policy for providing graded discount for early payment. The rebate is netted off from energy sales.
The details of Generation & Plant Availability Factor (PAF) are given below:
Particulars NJHPS RHPS
2021-22 2020-21 2021-22 2020-21
Design Energy (MUs) 6612 6612 1878 1878
Gross Generation
(MUs)
7067.37 7098.93 1981.20 1995.33
Normative PAF (%) 90 90 85 85
Actual PAF (%) 106.60 105.38 106.36 104.80
Sales also includes Unscheduled Interchange (UI) Charges amounting to `44.21 crore (previous year `28.14
crore) for the positive deviation in generation with respect to schedule, at rates notified by CERC from time
to time.

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Revenue from Wind/Solar Power Projects:
The revenue from sale of power from Renewal Projects (Wind and Solar Power) has increased by `6.35
crore due to increase in generation of Wind and Solar Power by 29.27 MUs (current year 158.50 MUs)
(Previous year: 129.23 MUs).
Consultancy
Revenue from operations also includes an amount of `2.64 crore (Previous Year `5.44 crore) towards
consultancy charges. Consultancy for the year was provided to subsidiary company SJVN Arun-3 Power
Development Company Pvt. Ltd. (SAPDC), Nepal. Decrease in income is mainly due to adjustment of
consultancy provided to Teesta Urja Limited in the earlier years by `2.32 crore.
Other Operating Revenue :
Other Operating Revenue mainly includes Interest from beneficiaries. CERC regulations provide that if the
tariff already recovered is less than the tariff approved by the CERC, the company shall recover the balance
amount along with interest from the beneficiaries.
Accordingly, the interest from the beneficiaries amounting to `7.98 crore (previous year: `34.70 crore) has
been recognised after the truing up/ finalisation of tariff by CERC.
Revenue from operations for F.Y. 2021-22 constitutes 92.25% of total income as compared to 77.52% for
F.Y. 2020-21.
Other Income
Other income mainly comprises of interest income on short term deposits with banks, late payment
surcharge, interest from employees and contractors etc. Other income for the year has decreased by
`518.66 crore to `203.58 crore as compared to `722.24 crore during previous year registering a decrease of
71.81%. This is mainly on account of decrease in late payment surcharge from beneficiaries by `522.75
crore (current year `61.41 crore) (previous year `584.16 crore).
Stakeholders
•Our stakeholders include Government (State & Central), Society (Shareholders, PAF’s), Financial
Institutions, Contractors/Vendors andEmployees.

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Beneficiaries
•The organization does not have any direct customers and the electricity generated is supplied to 11
beneficiary states i.e. Haryana, HimachalPradesh, Jammu & Kashmir, Punjab, Rajasthan, Uttar Pradesh.
SERVICES PROVIDED TO STAKEHOLDERS BY SJVN
Shareholders
•Enhancing Shareholder’s wealth through efficient, economic and growth-oriented business
operations.
•Timely credit of dividend through ECS or dispatch of Dividend Warrant within the statutory time
frame.
•Responding to the queries of investors within minimum possible time.
•To consistently adopt best practices and policies related to financial and other matters having an
impact on the shareholders.
Government
•Constant sources of income through Dividend payouts.
•Distribution of free power to home state(s) as per the policy of Govt. of India.
•Supply of power from projects/generating stations to different state governments as per the allocation
schedule decided by Government of India.
•Submission of various reports/information for Forest, Environment and other clearances from time
to time.
Project Affected Families
•Resettlement and Rehabilitation grants to houseless and landless families.
•Sponsoring vocational education courses under Technical education scheme for local youth of
projected affected areas
C) Competitors
1)NTPC

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NTPC Limited, formerly known as National Thermal Power Corporation, is an Indian central Public
Sector Undertaking under the ownership of the Ministry of Power and the Government of India, who
is engaged in the generation of electricity and other activities. The headquarters of the PSU are
situated at New Delhi. NTPC's core function is the generation and distribution of electricity to State
Electricity Boards in India. The body also undertakes consultancy and turnkey project contracts that
involve engineering, project management, construction management, and operation and management
of power plants.
It is the largest power company in India with an electric power generating capacity of 71,594 MW.[5]
Although the company has approximately 16% of the total national capacity, it contributes to over
25% of total power generation due to its focus on operating its power plants at higher efficiency levels
(approximately 80.2% against the national PLF rate of 64.5%). NTPC currently produces 25 billion
units of electricity per month. It is also straight competition for SJVN.
2)NHPC
NHPC Limited (erstwhile National Hydroelectric Power Corporation) is an Indian public sector
hydropower company that was incorporated in 1975 to plan, promote and organize an integrated and
efficient development of hydroelectric power. Recently it has expanded to include other sources of
energy like solar, geothermal, tidal, and wind. At present, NHPC is a Mini Ratna Category-I
Enterprise of the
Govt. of India and among the top ten companies in the country in terms of investment base. Baira
Suil Power station in Salooni Tehsil of Chamba district was the first project undertaken by NHPC.
At present, NHPC is a schedule 'A' Enterprise of the Govt. of India with an authorized share capital
of ₹150 billion, with an investment base of over ₹552 billion Approx. In 2015–16 NHPC made a
profit after tax of ₹24.40 billion. An increase of 15% on the previous year profit of ₹21.24 billion.
NHPC is among the top 10 companies in India in terms of investment.
Initially, on incorporation, NHPC took over the execution of Salal Stage-I, Bairasiul and Loktak
Hydroelectric Projects from Central Hydroelectric Projects Control Board. Since then, it has executed
22 hydro projects with an installed capacity of 6717 MW on ownership basis including projects taken
up in a joint venture. One wind project of 50 MW has also been commissioned in Oct 2016. NHPC
has also executed 5 projects with an installed capacity of 89.35 MW on a turnkey basis. Two of these
projects have been commissioned in neighbouring countries i.e., Nepal and Bhutan at a capacity of
14.1 &60 MW.
3)Tata Power

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Tata Power is one of India's largest integrated power companies, present across the entire power
value chain of conventional & renewable energy, power services, and next-generation customer
solutions including solar rooftop, EV charging stations, and home automation. Formerly known as
Tata Electric, Tata Power has pioneered technology adoption in the utility sector with many firsts to
its credit including setting up one of India's first hydroelectric power stations in 1915.
Tata Power, together with its subsidiaries & joint entities, has 12772 MW of generation capacity
where 30% comes from clean and green sources. They look to shape the future through our green
initiatives. From energy-saving power services, to making India EV ready with multi-city EV
charging stations and being India's #1 rooftop solar provider, Tata Power is continuously delivering
green technology for the smart consumer.
4)Adani Green Energy Limited (AGEL)
Is an Indian renewable energy company headquartered in Ahmedabad, Gujarat. It is owned by Indian
conglomerate Adani Group. The company operates Kamuthi Solar Power Project, one of the largest
solar photovoltaic plants in the world. The company was incorporated on 23 January 2016, as Adani
Green Energy Limited under the Companies Act 2013.
During the first days of existence, AGEL and Inox Wind together established a 20 MW capacity wind
power project in Lahori, Madhya Pradesh. Also, AGEL bought Inox Wind's 50 MW wind power
project at Dayapar village in Kutch. The project was conceived by the latter when it won a Solar
Energy Corporation of India's capacity bids for wind power projects connected to the National Grid.
In 2015–2016, Adani Renewable Energy Park Limited, a subsidiary of AGEL, signed a joint venture
agreement with the Government of Rajasthan.
In 2017, the company took the complete control of overall solar energy portfolio of Adani Enterprises
and got itself listed at National Stock Exchange of India and Bombay Stock Exchange.
In 2022, Adani Green Energy Limited had a market cap of Rs. 3,26,635.42 crore.

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CHAPTER-4
4) Organizational structure
1.Board of Directors:
SJVN is headed by a full time Chairman and Managing Director (CMD) and Four (4) Functional
Directors viz. Director (Personnel), Director (Civil), Director (Electrical) and Director (Finance). In
addition, there are Two (2) Part-Time Directors being the Government of India and the Government
of Himachal Pradesh. There are also Four Non-Official Part-Time Independent Directors on the Board
of the Company.
The Board of Directors is the highest governing body responsible for strategic decision-making and
policy formulation.
Typically consists of a Chairperson, Managing Director, functional directors, and independent
directors.
2.Managing Director (MD) / Chief Executive Officer (CEO):
The MD/CEO handles the overall management and administration of the company.
Reports to the Board of Directors and ensures the implementation of the company's strategies and
policies.
3.Functional Directors:
Directors handle various key functions of the company, such as Finance, Operations, Human
Resources, Projects, and more.
4.Departments:
Different departments are headed by General Managers or equivalent positions, each responsible for
specific functions such as Operations, Finance, Human Resources, Project Management, Technical
Services, etc.

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5.Divisions or Projects:
Larger projects or business areas might be organized into divisions, each managed by a General
Manager or Divisional Head.
6.Project Teams:
Within each division or project, there might be dedicated teams responsible for specific projects,
tasks, or operational activities.
7.Regional Offices:
As SJVN operates in multiple regions or states, it has regional offices responsible for local operations
and coordination.
8.Functional Units:
Supporting units such as Legal, Information Technology, Procurement, Corporate Communications,
and Environmental Compliance.
9.Employee Hierarchy:
Employee hierarchy includes various levels from entry-level positions to middle management and
senior management.
10.Project Management Units (PMUs):
For each major project, there might be dedicated project management units responsible for planning,
execution, and monitoring.
11.Site Offices:
Site offices are set up at various project locations to oversee on-ground operations and ensure project
milestones are met.
12.Functional Heads:

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Within each department or division, there are functional heads or managers responsible for specific
areas such as finance, operations, HR, etc.
13.Support Functions:
Functions like Legal, IT, Procurement, and Corporate Communications support the core operations
and ensure smooth functioning.
14.Project Development Teams:
These teams are involved in identifying and evaluating potential projects, conducting feasibility
studies, and preparing project proposals.
15.Technical Experts:
Technical experts in various disciplines like engineering, environmental sciences, and geology play
critical roles in project planning and execution.
16.Liaison Officers:
Liaison officers might be appointed to coordinate with government agencies, regulatory bodies, and
local communities.
17.Audit and Compliance:
This function ensures that the company's operations adhere to regulatory requirements and internal
policies.
18.Corporate Social Responsibility (CSR) Team:
This team focuses on planning and executing social and environmental initiatives in line with the
company's CSR goals.

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19.Training and Development:
Responsible for employee skill development and training programs to enhance capabilities and
knowledge.
20.Safety and Quality Assurance:
Ensures that safety protocols and quality standards are maintained across operations and projects.
21.Investor Relations:
This function communicates with shareholders, analysts, and the investment community to supply
information about the company's performance.
22.Public Relations and Corporate Communications:
Manages external communication, media relations, and branding efforts.
INDUSTRY OVERVIEW / INDUSTRY STRUCTURE AND DEVELOPMENTS
All India installed power generation capacity as on 31.03.2022 was 3,99,496.61 MW. A capacity addition
of 11478 MW was targeted during the year 2021-22 forming 10285 MW of thermal, 493 MW of hydro
power and 700 MW nuclear power, capacity addition of 4878 MW comprising 4485 MW of thermal, and
393 MW of hydro power was achieved up to 31.03.2022.
Industry scenario shows that there is ample opportunity for consistent growth of business in hydro,
renewable and thermal energy sectors in the times to come with growth in demand. Company is developing
1320 MW super-critical thermal power project at Chausa, District Buxar in Bihar, 900 MW,Arun-3 HEP in
Nepal, 60 MW Naitwar Mori HEP in Uttarakhand, 900 MW Kholongchhu HEP in
Bhutan, 210 MW Luhri Stage-I HEP, 66,MW Dhaulasidh HEP in Himachal Pradesh, 70 MW Bagodara
Solar Power Project in Gujarat, 75 MW Parasan Solar Power Project in Uttar Pradesh and 1000 MW IREDA
Solar Power Project in Rajasthan.
As regards hydro potential, India has an estimated hydro power potential of about 1,50,000 MW out of
which only about 46722.52 MW (as on 31.03.2022) has been commissioned. The bulk of the unharnessed
potential is in the hill states/UTs of Arunachal Pradesh, Uttarakhand, Himachal Pradesh, Sikkim and Jammu

Page | 45
& Kashmir. The above industry scenario signifies that there is ample opportunity for consistent growth of
business in the hydro sector in the near future.
2)DEPARTMENT IN SJVN
Each department in SJVN Limited (Satluj Jal Vidyut Nigam Limited) contributes to the company's overall
functioning and success by performing specialized tasks and fulfilling specific responsibilities. Here's how
each department helps SJVN:
1)Projects and Planning Department:
Finds growth opportunities in the energy sector and plans new hydroelectric and renewable energy
projects to expand the company's generation capacity.
2)Operations and Maintenance Department:
Ensures the smooth and efficient operation of power generation facilities, minimizing downtime and
maximizing energy production.
3)Finance and Accounts Department:
Manages the company's financial resources, budgeting, and financial reporting, ensuring effective
resource allocation and regulatory compliance.
4)Human Resources Department:
Attracts and keeps skilled talent, enhances employee capabilities through training, and promotes a
positive work environment.
5)Technical Services Department:
Provides technical expertise to ensure projects are designed, executed, and maintained to high
engineering and quality standards.
6)Corporate Communications Department:
Maintains the company's positive image, communicates its achievements to stakeholders, and
manages external relations.

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7)Legal and Compliance Department:
Ensures legal adherence, drafts contracts, and navigates complex regulatory requirements, mitigating
8)Environmental and Social Responsibility Department
Addresses environmental concerns, implements sustainable practices, and contributes to community
welfare, enhancing the company's reputation.
9)Information Technology Department:
Manages technological infrastructure, enhances operational efficiency, and protects the company's
digital assets from cyber threats
10)Procurement and Supply Chain Department:
Sources materials and services efficiently, minimizing costs and ensuring a smooth supply chain for
uninterrupted operations.
11)Safety and Quality Assurance Department:
Ensures a safe working environment for employees, adherence to quality standards, and minimizes
operation risk
12)Investor Relations Department:
Maintains transparent communication with investors, ensuring they are well-informed about the
company's financial performance.
13)Research and Development Department:
Drives innovation, explores new technologies, and develops solutions to improve operational
efficiency and competitiveness.
14)Regulatory and Government Relations Department:
Builds positive relationships with regulatory bodies and government agencies, facilitating approvals
and Overall, each department plays a crucial role in contributing to SJVN's growth, operational
excellence, regulatory compliance, stakeholder satisfaction, and sustainability within the energy and
power sector.

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CHAPTER-5
SWOC ANALYSIS
A) STRENGTHS-
SJVN has gained wide experience and expertise in development of large hydro power projects from concept
to commissioning including operation & maintenance and management of silt during project operation.
SJVN has an in-house 'State of art' hard coating facility installed at one of the power stations.
SJVN has in-house capability for complete design of mega hydro power projects, large value contract
award, contract & project management’s has efficient plant operation expertise with minimal down time of
machines and maximizing the Plant.
1)Availability Factor.
SJVN has stable revenue stream through long term power purchase agreements with distribution
licensees. The allocation of power from its power stations is made as per PPAs and by the Ministry
of Power, Government of India.
Historical financial performance and steady cash flows over the years make SJVN capable of funding
the projects in pipeline.
2)SJVN is lean and thin organization:
High manpower productivity in terms of profit per employee. SJVN has a competent and committed
workforce. SJVN fully recognizes that the contribution of its employees is integral to the achievement
of its ambitious plans and has thus adopted an organizational philosophy which acknowledges and
rewards their contributions. SJVN has effective implementation of National R&R policies and
excellence in CSR activities. SJVN has dynamic leadership and effective Corporate Governance.
3)Diverse Revenue models:
Over the years SJVN has ventured into various businesses outside the Utilities sector. This has
enabled the company do develop a diversified revenue stream beyond Utilities sector and Electric
Utilities segment.

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4)Success of new product mix:
SJVN supplies exhaustive product mix options to its customers. It helps the company in catering to
various customers segments in the Electric Utilities industry.
5)Track record of innovation:
Even though most players in the Utilities strive to innovate, SJVN has a successful record at consumer
driven innovation.
6)Talent management at SJVN and skill development of the employees:
Human resources are integral to the success of SJVN in the Electric Utilities industry. First mover
advantage in the increasingly crowded marketplace. The new products are rapidly increasing SJVN
market share in the Electric Utilities industry.
B) OPPORTUNITIES:
The unharnessed hydro potential of 1,03,277 MW (as on 31.03.2022) primarily located in the hill states/UTs
of Arunachal Pradesh, Uttarakhand, Himachal Pradesh, Sikkim and Jammu & Kashmir.
SJVN is diversifying into alternate energy sources such as Wind & Solar Energy and Power Transmission.
SJVN is constantly striving to expand its base both in the National and international.
Hon’ble Prime Minister announcement during COP26 Glasgow that India will reach its non-fossil energy
capacity to 500 GW by 2030 is creating ample opportunities in renewable energy sector.
1)Opportunities in Online Space:
Increasing adoption of online services by customers will also enable SJVN to provide new offerings
to the customers in the Electric Utilities industry.
2)Local Collaboration:
Tie-up with local players can also provide opportunities of growth for the SJVN in international
markets. The local players have local expertise while SJVN can bring global processes and execution
expertise on table.

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3)Trend of customers migrating to higher end products:
It represents great opportunity for SJVN, as the firm has strong brand recognition in the premium
segment, customers have experience with excellent customer services provided by SJVN brands in
the lower segment. It can be a win-win for the company and provides an opportunity to increase the
profitability.
4)Customer preferences are fast changing:
Driven by rising disposable incomes, easy access to information, and fast adoption of technological
products, customers today are more willing to experiment like try new products on the market.
SJVN must carefully monitor not only wider trends within the Electric Utilities industry but also in
the wider Utilities sector.
C) WEAKNESSES:
NJHPS and RHPS are cascade schemes and operating in tandem. Any difficulties faced in the operation of
NJHPS will have direct consequences on power generation of RHPS.
Inadequate powers to incur expenditure on preconstruction activities and business developments /
investment before establishing project viability.
1)Declining per unit revenue for SJVN –
Competitiveness in the Electric Utilities industry is putting downward pressure on profitability. A
starting guide to manage this situation for the company name is – objectively assessing the present
value propositions of the various products. Business Model of SJVN can be easily imitated by the
competitors in the Electric Utilities industry. To overcome these challenges the company name needs
to build a platform model that can integrate
Low investments in SJVN's customer-oriented services - This can lead to competitors gaining
advantage in near future. SJVN needs to increase investment into research and development,
especially in customer service-related application.
2)Competition:
The energy sector is competitive, with other players in both traditional and renewable energy spaces.

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3)Regulatory Changes:
Evolving regulations and policies in the energy sector can impact project approvals and tariffs.
4)Environmental Concerns:
Hydroelectric projects might face environmental challenges and community concerns.
5)Financing and Funding:
Raising funds for large-scale projects and dealing with financing challenges can be demanding.
6)Technological Advancements:
The rapid pace of technological advancements in the energy sector requires SJVN to stay updated and
invest in innovative solutions to remain competitive.
7)Land Acquisition and Resettlement:
Hydroelectric projects often require land acquisition and resettlement of communities. Managing
these processes ethically and efficiently can be challenging.
8)Climate Change and Variability:
Changing climate patterns and hydrological conditions can impact the reliability and predictability of
water resources for hydroelectric projects.
9)Economic Fluctuations:
Economic uncertainties and fluctuations can impact project financing, demand for electricity, and
overall business sustainability.

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CHAPTER-6
LEARNING OUTCOME: -
In this summer holidays we were supposed to do an internship with a firm. I spent 30 days working
in SJVN (SATLUJ JAL VIDYUT NIGAM) which is an Indian public sector undertaking involved in
Corporation, a joint venture between the Government of India and the Government of Himachal
Pradesh. In my initial days at work, I was completely shocked after seeing the speed at which the
work is done there and by reading the annual report of the company. As SJVN is a big firm so it is
divided into many different departments each governed by a HOD. As I am a commerce student, I
did my internship in FINANCE & ACCOUNTS department. My first week of internship went in
reading the history, annual report of the company which gave me information about legal aspects of
energy projects, including permits, clearances, and compliance with industry standards. While
reading the reports I also learned about financial management, budgeting, cost estimation, and
funding sources relevant to energy projects as without a budget and a plan nothing can be done.
In the second week of my internship
Shimla started experiencing heavy rainfall and the whole of Himachal started drowning, so we were
asked to do work from home. As the rain was increasing Hydroelectricity was rapidly being produced
and within some hours the dams started to overflow with water. The destruction due to rain was
unimaginable, roads were washed away, many people were dead, the Dam in Village Malana was
damaged so we were made to work with different departments which helped me learn about team
collaboration, while working with them I learned about the challenges faced by the energy sector and
learned how to tackle the problem with everyone. Meanwhile we were also being taught about safety
protocols, and what one should do in energy industry to ensure safe operations.
In my third week of internship I learned about:-
Organizational Structure: Gained an understanding of the different roles and functions within the
Finance Department and how they contribute to the company's financial operations.
Learned to read and interpret financial documents such as balance sheets, income statements, and
cash flow statement.

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Gained exposure to basic accounting principles and practices, understanding how transactions are
recorded and classified.
Budgeting Process: Discovered how the budgeting process works, including how budgets are created,
reviewed, and approved.
Became familiar with financial software and tools used for tasks such as data entry, calculations, and
financial analysis.
Learned how the Finance Department supports various projects, from budget allocation to financial
tracking.
Discovered how the company manages expenses, allocates funds, and tracks spending against
budgets.
Gained insights into the importance of adhering to financial regulations and standards within the
energy sector.
Observed how effective communication is crucial within the Finance Department, especially when
dealing with financial data.
Ethical Considerations: Learned about the ethical considerations in financial decision-making and the
importance of accuracy and transparency.
Financial Analysis: Explored basic financial analysis concepts, such as calculating financial ratios
and interpreting their implications.
Financial Reporting: Observed how financial data is collected, organized, and presented in various
reports for management review.

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Regulatory Insights: Gained initial exposure to the regulatory environment in the energy sector,
including relevant financial regulations.
Participated in practical tasks such as data entry, assisting in spreadsheet preparations, or basic
financial calculation.
Got a sense of the work culture, routines, and dynamics within the Finance Department.
Company Overview: Learned more about SJVN as a company, its mission, values, and role in the
energy
and power sector.
In the last week of my internship-
The officers taught me about the company environment.
How one must behave in a firm.
How one can prevent accidents in the office.
One should be always willing to help their colleagues.
How one should handle pressure.
They also taught me about sexual harassment cases that’s happen in all over the corporation world.
On my last day of work, I was given a quiz regarding the lessons they taught me in my last week of
work. The questions were regarding the way one should be in the office and some data entries. As
being a government firm, they want the future of the country (YOUTH) not only to be excellent in
work but also good with his/her colleagues and knows how to respect them is what they made me
learn.

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CHAPTER-7
6)Conclusion-
Internship was a life time experience for me because it helped me to grow not only in academic terms but
JVN Limited, a Mini Ratna, Category-I and Schedule ‘A’ CPSE under administrative control of Ministry
of Power, Govt. of India, was incorporated on May 24, 1988 as a joint venture of the Government of India
(GOI) and the Government of Himachal Pradesh (GOHP). SJVN is now a listed Company having
shareholders pattern of 59.92 % with Govt. of India, 26.85% with Govt. of Himachal Pradesh and rest of
13.23 % with Public. The present paid up capital and authorized capital of SJVN is Rs. 3,929.80 Crore and
Rs. 7,000 Crore respectively. The Net Worth as on 31.03.2023 is Rs.13821.97 Crore. Beginning with
a single project and single State operation (i.e. India’s largest 1500 MW Nathpa Jhakri
Hydro Power Station in Himachal Pradesh), the Company has commissioned eight projects totalling 2091.5
MW of installed capacity and 86 km 400 KV Transmission Line. SJVN is presently implementing or
operating power projects in Himachal Pradesh, Uttarakhand, Bihar, Maharashtra, Uttar Pradesh, Punjab,
Gujarat, Arunachal Pradesh, Rajasthan, Assam, Odisha, Mizoram and Madhya Pradesh in India besides
neighbouring country of Nepal.
THE FINANCIAL DEPARTMENT OF SJVN IS RESPONSIBLE FOR:-
1.Budgeting: Allocating funds for various projects and operations within the company.
2.Accounting: Keeping track of financial transactions, managing accounts payable and receivable,
and maintaining financial records.
3.Financial Planning: Developing strategies to achieve financial goals, optimizing the use of
resources, and forecasting financial performance.
4.Compliance: Ensuring that the company adheres to financial laws, regulations, and reporting
requirements.
5.Financial Analysis: Analyzing financial data to assess the company's performance, identify trends,
and make informed decisions.

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6.Investment Management: Managing the company's investments, including assessing potential
investment opportunities and optimizing returns.
7.Financial Decision-Making: Providing financial insights and recommendations to support
strategic decision-making within the organization.
8. Risk Management: Identifying and mitigating financial risks that could impact the company's
stability and profitability.
9.Financial Reporting: Preparing accurate and timely financial reports, including income statements,
balance sheets, and cash flow statements, for internal and external stakeholders.
10.Taxation: Managing tax compliance, optimizing tax strategies, and ensuring that the company
complies with all tax laws and regulations.
11.Auditing: Coordinating and facilitating external audits to ensure the accuracy and integrity of
financial records
12.Cost Control: Implementing cost control measures to maximize efficiency and reduce unnecessary
expenditures.
13.Capital Management: Managing the company's capital structure, including decisions related to
debt and equity financing.
14.Cash Flow Management: Monitoring cash flow to ensure there is sufficient liquidity to meet
operational needs and financial obligations.
15.Financial Forecasting: Creating financial forecasts to anticipate future financial trends and
challenges.

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16.Financial Strategy: Developing long-term financial strategies to support the company's growth
and sustainability goals.
17.Stakeholder Communication: Engaging with stakeholders, such as shareholders, investors, and
creditors, to provide financial updates and respond to inquiries.
18.Compliance with Corporate Governance: Ensuring compliance with corporate governance
principles and maintaining transparency in financial matters.
19.treasury functions: Managing the company's treasury functions, including cash management,
investment decisions, and risk management.
20.financial training: Providing financial training and guidance to other departments and employees
within the organization.

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