SJVN Share price

Our Company was incorporated on May 24 1988 under the Companies Act with the RoC under the name"Nathpa Jhakri Power Corporation Private Limited". The word "Private" was deleted under Section 620 readwith Section 21 and 23 of the Companies Act with effect from November 3 1988. Subsequently pursuant to theshareholders resolution dated September 17 2002 the name of the Company was changed from "Nathpa JhakriPower Corporation Limited" to "Satluj Jal Vidyut Nigam Limited" as the operations of our Company werebased in and around the river Sutlej. Consequent thereto a fresh certificate of incorporation dated November 112002 was issued by the RoC. Further pursuant to the shareholders resolution dated September 10 2009 thename of the Company was again changed from "Satluj Jal Vidyut Nigam Limited" to "SJVN Limited" as theoperations of our Company expanded and were no longer confined to the area in and around the river Sutlej. Bythe same resolution dated September 10 2009 the Company was converted into a public limited company.Accordingly a fresh certificate of incorporation dated September 22 2009 was issued by the RoC.Major eventsYear Event1988 Incorporation of the Company1992 Company took over the execution of NJHEP from HPSEB1997 Enhancement of authorised share capital of Company from Rs.10000 million to Rs. 22000 million.1999 Enhancement of authorised share capital of Company from Rs.22000 million to Rs. 45000 million.2002 Change of name of Company from Nathpa Jhakri Power Corporation Limited to Satluj Jal Vidyut Nigam Limited2003 Commercial generation of units for NJHEP2004 GoHP allocated Luhri Hydro Electric Project to the Company for preparation of detailed project report Implementation agreement signed with GoHP for RHEP.2005 DPR cleared by CEA for RHEP Agreement signed with Government of Uttarakhand for execution of Devsari HEP (300 MW) Naitwar Mori HEP (33 MW) and Jakhol Sankri HEP (33 MW) on BOO basis.2006 Public Investment Board clearance for RHEP.2007 CCEA clearance for RHEP2008 Grant of Mini Ratna Category I status to the Company; Upgradation of the Company from Schedule B to Schedule A Central Public Sector Enterprise; MoU signed for Arun - III HEP with Government of Nepal; MoU signed between GoHP and the Company for the implementation of Luhri HEP; and MoU signed for the execution of Dhaulasidh HEP with GoHP.2009 Change of name of Company from "Satluj Jal Vidyut Nigam Limited" to "SJVN Limited"; Change of status of Company from private limited company to public limited Company; Enhancement of authorised share capital of Company from Rs.45000 million to Rs. 70000 million; Sub division of face value of equity shares from Rs.1000 per equity share to Rs. 10 per equity share.2010 For the first time in the operating history of the NJHPS 7017.55 million units were generated in the Fiscal 2010Awards and recognitionsWe were awarded the Rajiv Gandhi National Quality Award 2008 in the ?Best of All? category on December17 2009 by the Bureau of Indian Standards.We have received the following awards and recognitions from the Greentech Foundation for achieving andmaintaining high standards in various aspects of our business.The Greentech Foundation was established in the year 1999 and is based in California and New Delhi. Thefoundation is a non-profit organisation committed to recognising outstanding performance in relation to safetyissues. The foundation has also taken a lead role in promoting education training research and dissemination ofknowledge advancing the scientific technical and practical aspects of safety in the workplace environmentprotection and climate change. To this effect the Greentech Foundation has instituted the annual GreentechFoundation Safety Awards and Greentech Environment Excellance Awards to recognise reward and promoteexceptional goals in the field of safety and all positive aspects of environmental responsibilities.S.No. Award Awarded By In recognition of Date1 Safety Award Greentech Foundation Outstanding achievement in safety management 2009 20082007 2 Greentech Environment Excellence GreentechFoundation Outstanding achievement in environment Mgt 2009 Award (Silver Award)3 Greentech Environment Excellence Greentech Foundation Outstanding achievement in environment 2007 and 2006 Award (Bronze Award)CertificationsWe have received the following certifications including renewals in various aspects of our business:Year Certification2009 Bureau of Indian Standards granted to the Company a license (no. 9000132) for occupational health and safety managementsystems 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 2012.2009 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 2012.2008 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 9001:2000.2008 Det Norkse Veritas Management System Certificate granted to the Company certifying that the quality management system of the Company with regard to 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 112011.