SJVN set to invest Rs 60,000 crore into Arunachal Pradesh projects
State-owned power producer SJVN on Wednesday said it will invest Rs 60,000 crore to harness 5,097 megawatts (Mw) of hydropower in Arunachal Pradesh.
SJVN Chairman and Managing Director Nand Lal Sharma held a meeting on Wednesday with Arunachal Pradesh Deputy Chief Minister Chowna Mein in New Delhi to discuss a road map to develop hydroelectric projects, according to a statement.
“SJVN Ltd will invest Rs 0,000 crore to harness 5,097 Mw of hydropower in Arunachal Pradesh,” the company said in the statement.
He said that pursuant to the efforts of Union Power Minister R K Singh, the Arunachal Pradesh government has accepted the allotment of five hydroelectric projects having a total capacity of 5,097 Mw to SJVN, for which a memorandum of understanding will be signed shortly.
