New Delhi, Feb. 11: Satluj Jal Vidyut Nigam (SJVN) has set an ambitious plan to take up projects of more than 2,500-megawatt capacity and has set an investment target of Rs 9,000 crore. Satluj Jal Vidyut is also scouting for private companies to partner with it in the consultancy project.

Y. N. Apparao, chairman and managing director of SJVN, today said, ?The investment of over Rs 9,000 crore in the next 5-7 years will be used to take up new projects. We are confident of funding from World Bank and the rest of the resources can be raised from domestic institutions and through internal accruals.?

Satluj Jal Vidyut Nigam, earlier known as Nathpa Jhakri Power Corporation, is a joint venture between the Union government and Himachal Pradesh.