SJVN signs project development pact for 669 MW Lower Arun HEP in Nepal
India’s state-owned SJVN Ltd, on Thursday, signed a project development agreement for 669-megawatt (MW) Lower Arun Hydro Electric Project in Nepal, the company said in a regulatory filing.
The company is targeting 5,000 MW projects in Nepal by 2030.
In a regulatory filing, the company said, “The project shall be constructed in five years at a cost of Rs 5,792 crore with a levelised tariff of Rs 4.99 per unit.”
The project will be developed on Boot basis and on completion it will generate 2,901 million units of energy annually. In addition to this, the company is also developing 217 KM long associated Transmission Network for power evacuation and export to India, the company said in a BSE filing.
