This Institution named after H.H.S. Chinmayananda was established on 25-07-1984 under the patronage of NALCO and was initially known to be Chinmaya Vidyalaya. It started functioning with 6 teaching and 2 non-teaching members.After six years Chinmaya Vidyalaya was atoned to Saraswati Vidyamandir in 1990. It is now supervised by SVS Odisha, NALCO and managed by LMC as per the agreement signed between NALCO and SVS. The school under report presently functions with teaching, non teaching staff and students.