New Delhi: The Chairman and Managing Director (CMD) of SJVN Limited Nand Lal Sharma has been conferred with the prestigious Leading Director Award during the 2nd Annual Greentech Leading Director Awards 2023 by Greentech Foundation. The award honours visionaries behind growing & successful companies and has been conferred to Sharma in recognition of his commitment to excellence and implementing innovative futuristic strategies that have led to the exponential growth of SJVN in recent times.
Sharma has been serving as CMD of SJVN Limited, PSU under the Ministry of Power, since December 1, 2017.. He is also the Chairman of its three subsidiaries companies namely SJVN Arun-3 Power Development Company, Nepal, SJVN Thermal Private Limited, Bihar & SJVN Green Energy Limited.
With ingenuity, knowledge and foresight, Sharma has led SJVN to present a portfolio of around 45,000 MW with 2091 MW under operation, twelve projects of 4323 MW under construction and 38,364 MW under various stages of development. In the year 2022 alone, 14 renewable projects of 1641 MW capacity have been bagged across the country. SJVN plans to invest Rs 1.6 lakh crores by 2030 and Rs 2.3 lakh crores by 2040.
Under the dynamic leadership of Sharma, SJVN has emerged as a major public sector power entity in the Indian power scenario. Sharma has played pivotal role in the expansion and diversification in hydro, thermal, solar & wind energy sectors, power transmission and power trading pan India. His steadfast belief in Integrated River Development Basin Approach has led to the allotment of three hydro projects of 2059 MW in the Arun river basin in neighbouring country Nepal and seven hydro projects of 1428 MW on the Chenab river basin in Himachal Pradesh and five hydro projects of 5097 MW on Dibang river basin in Arunachal Pradesh. The company is on new orbit to achieve its shared vision of 5000 MW by 2023-24, 25,000 MW by 2030 and 50,000 MW capacity by 2040 as envisaged by Sharma.
New Delhi-based Greentech Foundation, established in year 2000 is a leading organization dedicated to the cause of recognizing and rewarding best practices amongst India's ever vibrant corporate world. The prestigious Leading Director Awards by Greentech Foundation aims at recognizing inspirational leadership across corporate functions for the organisation's advancement by applying the highest standard as a matter of practice, policy and transformational leadership qualities.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)