HONOR
SJVNs 900 MW Arun 3 Hydro Electric Project Awarded
Shimla: SJVN's 900 MW Arun 3 Hydro Electric Project bagged prestigious 'Karobar Best Initiated Development Project' in Nepal. The award was presented by Hon’ble Ex-Prime Minister of Nepal Shri Pushpa Kamal Dahal Prachanda to Shri S K Sharma, CEO SJVN Arun-3 Power Development Company (SAPDC, a wholly owned subsidiary of SJVN Limited) at Kathmandu. The Foundation Stone of Arun-3 Hydro Electric Project was laid by Prime Minister of India, Shri Narendera Modi and Prime Minister of Nepal, Shri K P Sharma Oli.
The award was presented during Karobar Economic Conclave-2018. The opening ceremony of the Conclave was presided over by Prime Minister of Nepal Shri K P Sharma Oli. While the Conclave was also attended by Mr Yuba Raj Khatiwada, Finance Minister of Nepal & other well-known Industrialists, Bureaucrats and Politicians of Nepal.
While Congratulating Team SAPDC on this achievement, Shri Nand Lal Sharma Chairman & Managing Director of SJVN told that the Arun-3 Hydro Electric Project in Nepal is a peaking run-of-river project located on the Arun River in Sankhuwasabha District of Province 1 in Eastern Nepal. This is an export-oriented project with a generation capacity of 900 MW. The height of Dam will be 70 metres while the Head Race Tunnel will be 11.7 kilometre long. The Power House of the project will be underground consisting of 4 Vertical Francis Turbines of 225 MW each. Arun-3 project has the potential to generate 4018.87 million units of electricity every year. The project also involves erection of 217 kilometre long 400 KV Double Circuit Transmission Line up to Nepal-India Border.
Shri Sharma told that the project was awarded to SJVN Limited on build-own-operate-transfer (BOOT) basis for a period of 30 years. Shri Sharma told that the total project cost is likely to be INR 7000 crores (NPR 11,200 crores), which includes both generation and transmission part.
Shri Sharma asserted that the project will be an important milestone in the history of SJVN Limited which already is operating four power projects in the country with a capacity of more than 2000 MW. The company’other futurere projects include 10 Hydro Power Projects with a capacity of 3218 MW ( 7 projects of 1148 MW capacity in India and 3 Projects of 2070 MW capacity in neighboring countries), 1320 MW Thermal Power Project at Buxar in Bihar and 50 MW Wind Power Project at Sadla in Gujarat.
Read Also : Indian Overseas Bank Enables Online Donations for Kashi Vishwanath Temple
News Must Read
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE
- MCL Ib Valley Washery commenced commercial operation
- HAL bags Rs 65,000 Cr tender by Defence Ministry
- PSBs' growth output superseded Private Lending firms
- Northern Coalfields Limited CMD inspects Amlohri Area
- SCOPE organizes Public Sector Day celebrations
- IOCL Final Dividend Announcement Expected at April 30 Board Meeting
- Steel Cutting Ceremony of Indian Navy held at HSL Vishakapatnam
- DIPAM declines PFC-REC debt resolution proposal for KSK Mahanadi project