Name

UJVN Limited under Ministry of Power (Government of Uttarakhand)

Legal name

UJVN Limited

Website

https://uttarakhandjalvidyut.com

Company type

Private

Operating status

Operating

Ownership category

akta.pro rank

Product category

Electric Power Generation (Hydroelectric and BESS)

NAICS

Hydroelectric Power Generation (221111), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)

akta.pro secondary industry

BESS Financing, Insurance & Contracting (Tax Equity, PPA/Tolling, Warranties) (EUAFAAAI)

Keywords

• Hydroelectric power generation
• Battery energy storage
• State power utility
• Grid electricity distribution
• Power generation services

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Others

Core offering

UJVN Limited is a state government-owned power sector corporation that generates hydroelectric power and develops Battery Energy Storage System (BESS) projects for supply into the Uttarakhand state grid. The company operates under the Ministry of Power, Government of Uttarakhand, with four BESS projects totaling 76 MW/192.5 MWh under tariff-based competitive bidding under the Central Government's Viability Gap Funding scheme.

Product overview

UJVN Limited (Uttarakhand Jal Vidyut Nigam Limited) is a government-owned power sector corporation operating under the Ministry of Power, Government of Uttarakhand. The company focuses on power generation and distribution activities, including Battery Energy Storage System (BESS) projects. Based on available information, UJVN's primary offerings center on electricity generation and storage infrastructure, with standalone BESS projects developed under the Central Government's Viability Gap Funding scheme. The company is involved in competitive bidding processes for energy storage capacity projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Battery Energy Storage System (BESS) Projects Standalone Battery Energy Storage System projects with a combined capacity of 76 MW/192.5 MWh, developed through tariff-based competitive bidding under the Central Government's Viability Gap Funding scheme, supplying stored power to the Uttarakhand state grid for grid stability and renewable integration.
• Hydroelectric Power Generation Generation of hydroelectric power from projects across Uttarakhand, supplying electricity into the state grid for distribution to consumers via state electricity infrastructure.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• NHPC Limited: NHPC is India's largest central government hydroelectric power generator and a major developer of renewable and pumped-storage projects. It is the dominant incumbent in the same core business as UJVN, with broader geographic reach and a much larger generation portfolio.
• Tata Power Company Limited: Tata Power is an integrated utility with generation (including hydro), transmission, distribution, and renewable-plus-storage operations. It is a broad incumbent comparable to UJVN on the regulated-generation side and is a major BESS participant in India.
• Adani Energy Solutions Limited: Adani Energy Solutions operates transmission, distribution, and smart-meter businesses and is actively developing large-scale battery storage and renewable assets. It is a broader incumbent active across India's power infrastructure value chain that competes with state utilities for storage mandates.

Emerging players

• Greenko Group: Greenko is one of India's largest renewable IPPs with significant BESS and pumped-storage development. It is a leading pure-play BESS developer competing for the same utility-scale storage opportunities that UJVN is bidding into.
• Reliance New Energy / Reliance Industries Limited: Reliance New Energy has made large-scale commitments to batteries and energy storage through acquisitions and gigafactory plans. As a major new entrant in India's BESS market, it represents both a competitor and a counterparty for utility-scale storage development.

Direct peers

• SJVN Limited: SJVN is a joint venture hydroelectric generator (Government of India + Government of Himachal Pradesh) that has expanded into solar, wind, and BESS project development. It shares UJVN's state-affiliated hydro heritage and is pursuing similar utility-scale BESS opportunities in northern India.
• NEEPCO (North Eastern Electric Power Corporation): NEEPCO is a central public sector enterprise under the Ministry of Power that operates hydroelectric and thermal generation assets in India's north-eastern region. It is a comparable central/state-affiliated power-generation utility serving a defined territorial grid.
• THDC India Limited: THDC India is a joint venture between the Government of India and the Government of Uttar Pradesh focused on hydroelectric generation, with growing renewable and storage interests. It is the closest structural analog to UJVN as a state-affiliated hydro and emerging storage utility in northern India.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UJVN Limited under Ministry of Power (Government of Uttarakhand)