Nand Lal Sharma, Chairman & Managing Director, SJVN informed that SJVN is now ISO 31000:2018 Company with successful implementation of Risk Management System. ISO 31000:2018 provides guidelines, framework & process for managing any type of risk in an organization.
Sharing this achievement, Nand Lal Sharma stated that SJVN is first CPSE to achieve this distinction from National Productivity Council after comprehensive audit as per ISO standards. Risk Management System of the company is well integrated with its business processes in corporate office as well as the projects.
Nand Lal Sharma further apprised that SJVN has formulated & implemented Cyber Crisis Management Plans for Cyber risks, Hedging Policy for Financial Management, Crisis & Disaster Management Plans for Floods, Earthquake etc. and Emergency Preparedness Plans for Corporate Office building. Further, Risk Steering Committees have been constituted in all projects, which quarterly review the risk profiles and thereafter the same are further reviewed by Risk Management Committee at Corporate level.
Risk Management System at SJVN includes the exercise of identification, assessment and prioritization of risk in all…
