Jharkhand Bijli Vitran Nigam Limited
| Formerly | Jharkhand State Electricity Board (JSEB) |
|---|---|
| Company type | Statutory body |
| Industry | Generation & distribution of electricity |
| Founded | 23 October 2013 |
| Headquarters | Engineering Building, H.E.C, Dhurwa, Ranchi, India, 834004 |
Area served | Jharkhand |
Key people | Avinash Kumar, IAS (Managing Director) |
| Owner | Government of Jharkhand |
| Parent | Department of Energy,Jharkhand |
| Website | jbvnl |
Jharkhand Bijli Vitran Nigam Limited (JBVNL), formerly Jharkhand State Electricity Board (JSEB) is a Government of Jharkhand enterprise, entrusted with the generation and distribution of electrical power in the state of Jharkhand, India. It suffers a loss of more than ₹1,000 crore (US$200mn) every year.
JSEB was established on March 10, 2001, under the Electricity (Supply) Act, 1948, resulted from the bifurcation of Bihar. In 2011, it was revealed that in the last ten years, as much as ₹80 crores in outstanding dues to various units had been waived. Former Chief Minister Madhu Koda, in prison for graft since 2008, waived of a ₹10 crore bill from a company owned by fellow minister Vinod Sinha, who is also in jail on graft charges.
JBVNL was incorporated on October 23, 2013, and commenced operations on January 6, 2014.