SJVN to enter power trading business

Shimla, January 11

The Sutlej Jal Vidyut Nigam will enter power trading business as the Central Electricity Regulatory Commission (CERC) has granted the trading licence to SJVN Limited for inter-state trading of electricity.

The SJVN meets the requirements of the Act and the Trading Licence Regulations for inter-state trading licence, said Chairman and Managing Director, SJVN, Nand Lal Sharma in a release issued here today.

The trading licence had added another feather to the SJVN’s cap, giving a big boost to its business and the SJVN would now trade electricity generated by any companies, he said.

Sharma stated that the efficient execution of electricity trading in a competitive environment would benefit consumers.

The SJVN aimed to be a one-stop source for any generator and consumer wanting to trade power and contribute to the evolution of a robust and competitive electricity market, he said and added that the SJVN had an adequate infrastructure with the state-of-the-art communication facilities and qualified and experienced staff for this task.