Jaiprakash Power Ventures Limited (JPVL), a part of the Jaypee Group was incorporated in 1995 and owns one operating 400 MW Vishnu Prayag Hydro Electric project, in district Chamoli, Uttarakhand. It is a run-of-the-river hydroelectric power plant consisiting of four 100 MW units on the river Alaknanda. This project was fully commissioned in October 2006.

We are also implementing a 1000 MW coal-fired thermal power plant in Sidhi district of the state of Madhya Pradesh expected to commence operations in 2012 (our Nigrie Thermal project , which consists of two 200 MW units) for which we entered into an implementation agreement with the state of Madhya Pradesh.

JPVL proposes to subscribe 55.36% of the equity capital of Jaypee Karcham Hydro Corporation Limited (JKHCL), which is implementing a 1000 MW ( 4*250 MW units) run-of-the-river hydroelectric power projects on the river Sutlej, in Kinnaur district of the state of Himachal Pradesh , expected to commence operations in 2011 (the Karcham –Wangtoo project) and 23% of the equity capital of Jaypee Powergrid Limited (JPL), which is developing a 230 km long power transmission project to evacuate power from the Karcham-Wangtoo project, expected to commence operations by 2010 (the Transmission project).

We plan to implement projects in Arunachal Pradesh: 2025 MW Lower Siang (expected to commence in 2014) & 500 MW Hirong (expected to commence in 2015); and in Meghalaya: 270 MW Umngot and 450 MW Kynshi (Stage –II) hydro projects (expected to commence by 2016).