SJVN Ltd (SJVN) designs, plans, develops, examines, executes, operates and maintains hydroelectric power projects. It has power projects including hydroelectric projects in Uttarakhand, Himachal Pradesh and Arunachal Pradesh; a thermal Power Project in Bihar, a power transmission project in Nepal; a Wind Power project in Maharashtra and Solar Power Projects in Gujarat and Rajasthan.

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SJVN has undertaken several R&D and innovation initiatives to enhance its core power generation capabilities. These initiatives include collaborating with IIT Patna to develop an Advanced Geological Predictive Model for tunneling projects by integrating geo-technical data and predictive analytics at the Sunni Dam project site in Himachal Pradesh. The company also operates a Pilot Green Hydrogen Project in Himachal Pradesh at NJHPS, initiated following the announcement of the Green Hydrogen Policy by the Government of India. Additionally, SJVN has established partnerships with premier academic institutions: IIT Madras for developing alternative materials to improve silt and cavitation erosion resistance coatings for hydro turbine components; IIT Delhi for R&D studies on high-performance concrete for high-sluice dam spillways and analyzing sediment erosion on guide vanes; IIT Roorkee for developing a prototype hydrokinetic turbine; and HPU, Shimla for developing an advanced solar PV research ecosystem utilizing AI-driven predictive diagnostics. Furthermore, 17 innovative and technological upgradation measures were successfully implemented at project sites and the corporate headquarters to enhance operational efficiency. In FY2026, the company spent INR16.3 million on R&D, which decreased 36.8% YoY.