December 2, 2022
  • December 2, 2022

SJVN will invest Rs60k cr to set up 5 hydroelectric projects in Arunachal

By on December 29, 2021 0


[ad_1]

NEW DELHI : SJVN Ltd, the large state-run hydropower company, will invest Rs. 60,000 crore to harness 5,097 MW of hydropower in Arunachal Pradesh.

The company has been awarded five hydroelectric power projects by the state government, work on which is now expected to begin, with SJVN planning to bring them into service over the next 8-10 years.

With the award of these projects, SJVN will have a significant footprint in the northeastern region of the country, allowing the organization to be part of the region’s development process, SJVN President and CEO Nand said. Lal Sharma.
The organization has a proven track record in the design, construction and operation of mega-hydro projects under difficult geographic and climatic conditions. The development of these projects involving temporary investments of ??60,000 crore, would be ordered by SJVN in the next 8 to 10 years, he added.

The company was awarded projects after a meeting called by Arunachal Chief Minister Chowna Mein to discuss the roadmap for the development of hydropower projects.

The five projects where SJVN will start working include, Etalin Hydro Electric Power (HEP) (3097 MW), Attunli HEP (680 MW), Emini HEP (500 MW), Amulin HEP ​​(420 MW) and Mihumdon HEP ​​( 400 MW) are located in the Dibang basin of Arunachal Pradesh.

The SJVN has always advocated the concept of an integrated watershed development approach, in which the allocation of hydropower projects in a single watershed to a single developer would allow optimal use of labor, infrastructure and resources. financial resources, according to a press release from the hydropower producer.

The projects are expected to generate approximately 20,000 million units of clean energy per year on a cumulative basis. Detailed project reports for some of these projects have already been prepared while some projects are in the investigation and investigation phase.

SJVN is a leading CPSE in the energy sector with a diverse portfolio in the areas of hydropower, solar power, wind, heat and power transmission through the India and the neighboring countries of Nepal and Bhutan.

The company has grown exponentially in recent years and now has 41 projects in various stages of development with a capacity of over 16,000 MW. SJVN has set itself an ambitious goal of achieving an installed capacity of 5,000 MW by 2023, 12,000 MW by 2030 and 25,000 MW by 2040.

To subscribe to Mint newsletters

* Enter a valid email address

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint. Download our app now !!

[ad_2]