Arunachal to sign deal with CPSUs to set up five hydropower plants
The Arunachal Pradesh government has decided to hand over five terminated hydropower projects with a generation capacity of 2823 MW to two Central Public Sector Undertakings (CPSUs), as the the Cabinet on Wednesday approved the memorandum of agreement (MoA) to be signed with the CPSUs.
The MoA would be signed soon with the two CPSUs.
Officials said that the state Cabinet at its meeting chaired by Chief Minister Pema Khandu approved the MoA to be signed with the CPSUs for the development of hydropower in the state.
“This would pave the way to unlocking potential five hydropower projects with an installed capacity of 2820 MW. This will spur huge investment in the state and generate employment,” a state government official told the media.
