Shimla: Diversifying from hydropower, SJVN â€“ the public sector generation company, is intent upon venturing into wind energy and has drawn up plans for an initial capacity addition of 50 MW by the year 2012.
Company spokesman Vijay Sharma disclosed, in order to promote and develop renewable sources of energy, SJVN has started surveying various potential locations in the country for tapping wind energy economically.
Starting out the company had appointed consultants. â€œThey have already submitted a feasibility report for setting up a 50 MW wind power project after accounting for the advantages of various proposed locations,â€ said the company spokesman.
About generation at it 1500 MW Nathpa Jhakri power plant on the fast flowing Satluj River, he said that despite a plant having to be shut down in July-August for a considerable period of time because of heavy silt in the river, in September the station generated 1118 million units against a target of 687 million units, which is a record for the month.
Against a target of 6700 million units for the year, the Jhakri run of the river plant has already produced 5031 million units.
SJVN after offloading of 10 percent equity in April went public and later reported a profit of Rs 972 crore for 2009-10.
On the basis of its financial performance, the company declared a dividend of Rs 328 crore for the year, of which the Himachal government got a dividend share of Rs 83.30 crore for the 25.5% share holding in the undertaking.