|UPSEB Unbundled :||UPSEB Transfer Scheme||14-01-2000|
|Uttarakhand State Created :||UP Reorganisation Act||09-11-2000|
|UJVN Ltd formed :||1956 Companies Act||12-02-2001|
|UJVN Ltd Commenced Operations :||Corporate Office in 2500 Sq ft Rented House.||09-11-2001|
|UJVN Ltd :||took possessions of assets||29-11-2000|
The history of Uttarakhand Jal Vidyut Nigam Limited can be traced back to erstwhile U.P. State Electricity Board (In short UPSEB). The erstwhile U.P. State Electricity Board was trifurcated pursuant to enactment of U.P. Electricity Reforms Act, 1999. U.P. State Electricity Reforms Transfer Scheme, 2000 was promulgated for execution of the trifurcation of erstwhile UPSEB into U.P. Power Corporation Ltd. (In short UPPCL), U.P. Jal Vidyut Nigam Ltd. (In short UPJVNL) and U.P. Rajya Vidyut Utpadan Nigam Ltd.. By operation of the aforesaid Scheme all the Hydro Electric Projects earlier owned and operated by UPSEB were transferred to UPJVNL (a Govt. Company existing prior to the said trifurcation) in addition to other projects owned and operated by the UPJVNL previously.
That UPJVNL was erstwhile known and setup as UP Alparthak Evam Laghu Jal Vidyut Nigam Limited, a Government Company which was incorporated in 1985 to own establish and operate small, mini and micro hydel projects. Later on the name of the company was changed to UP Laghu Jal Vidyut Nigam Limited and ultimately to UP Jal Vidyut Nigam Limited in 1996.
The State of U.P. was bifurcated by enforcement of U.P. Reorganization Act, 2000 (In short Reorganization Act) as a result thereof the State of Uttarakhand came into existence. The Govt. of India issued an order dated 05-11-01 u/s 63(4)(a) of the Reorganization Act whereby assets and liabilities between UPJVNL and UJVNL were divided. By operation of this order all the Hydro Power Assets of UPJVNL located in the State of Uttarakhand were transferred to UJVNL. Since then UJVNL is operating all these hydro power plants.