Inside Pages9Final.indd - Ministry of Power

4.0 Financial Performance
The financial position of SJVNL , for the last 3 years, is as
under :
Rs. In Crores
Financial Year 2004-05 2003-04 2002-03*
INCOME DETAILS
Sales 1098.27 216.93 -
Other Income 22.72 6.60 -
Total Income 1120.99 223.53 -
Profit before Interest, 1049.09 211.61 -
Depreciation and Finance
Charges
Profit before tax 323.84 (93.09) -
Profit after tax 298.42 (93.09) -
Dividend 143.15 - -
Reserve a surplus 43.40 (93.09) -
SOURCES OF FUNDS
Share Capital 4108.81 4045.51 3925.51
Reserve & Surplus 43.40 (93.09) -
Net Worth 4152.21 3952.41 3925.51
Borrowings 3631.70 3812.30 3317.09
TOTAL 7783.92 7764.71 7242.60
APPLICATION OF FUNDS
Gross fixed Assets 7980.28 6722.28 262.35
Depreciation (-) 579.26 217.80 48.56
Net Block 7401.02 6504.47 213.79
Total fixed assets 7476.84 7746.02 7378.24
(including capital work in
progress, investments etc.)
Net Current assets 306.73 17.40 (137.51)
Misc. expenditure 0.34 1.29 1.87
Total 7783.92 7764.71 7242.60
* SJVNL has started the commercial generation only in
the year 2003-04.
Generation
Generation during the year 2004 – 05 has been 5209.676
MUs (including 39.033 MUs of infirm power) out of which
5147.342 MUs (including 38.566 MUs of infirm power)
were injected into the Northern Grid.
Generation during the year 2005 – 06 up to November was
MINISTRY OF POWER
5209.676 MUs (including 39.033 MUs of infirm power) out
of which 5147.342 MUs (including 38.566 MUs of infirm
power) were injected into the Northern Grid.
The Nathpa Jhakri Power Station has generated 9801 MU
of electricity since beginning and has earned a cumulative
revenue of Rs. 2286 Crores up to January 08, 2006.
Corporate Plan
SJVN has drawn a comprehensive 10 year plan to achieve
a target over 6650 MW by 2014 - 15 and emerge as a
major contributor in Hydel Power generation. SJVN has
already taken up the execution and subsequent operation
and maintenance, of the following projects in the states of
Himachal Pradesh and Uttaranchal :
(1) Rampur HE Project ( 412 MW ) located on river Satluj in
Shimla district of Himachal Pradesh.
(2) Luhri HE Project ( 700 MW ) located on river Satluj in
Shimla district of Himachal Pradesh.
(3) Khab HE Project ( 636 MW ) located on river Satluj in
Kinnaur district of Himachal Pradesh.
(4) Devsari Dam HE Project - 300 MW, on river Pindar,
located in district Chamoli of Uttaranchal state.
(5) Naitwar Mori HE Project - 33 MW, on river Tons ( a
tributary of river Yamuna ), located in district Uttarkashi
of Uttaranchal state.
(6) Jakhol Sankri HE Project - 33 MW, on river Supin,
located in district Uttarkashi of Uttaranchal state.
SJVN is also making all out efforts to take up the execution
of more projects in the other states of the Country.
Organizational Status
Human Resources
The total man power on the rolls of SJVN was 780 as on
31st March 2005 as against 627 as on 31st March 2004.
The strength of HPSEB/HP Govt. on deputation on the
above date was 945.
Human Resources Development
SJVN believes that employees are its most valuable
assets and has evolved growth oriented human resource
development strategy.
Empowerment of manpower skills through training
received utmost importance every time. The Company
has well established strategy for imparting training to the
employees and involved other professional people to
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