Himachal’s power utility to set up Nepal hydro projectMarch 4th, 2008 - 5:53 pm ICT by admin
Shimla, March 4 (IANS) State-owned Sutlej Jal Vidyut Nigam Ltd (SJVNL) will now build a hydropower project in Nepal, marking its entry in the international market. SJVNL won a bid for the 402-MW Arun-III hydropower project, edging out nine other power companies including GMR Energy, Jindal Steel and Power, Reliance Energy and J.P. Associates.
The company signed an agreement with the Nepalese government Monday, a spokesman said here Tuesday.
“According to the contract, SJVNL has agreed to offer 21.9 percent free electricity to the Nepalese government,” the official said.
The Arun-III project will cost Rs.44 billion.
SJVNL has already built and now runs the 1,500-MW Nathpa Jhakri project in Himachal Pradesh, India’s largest hydropower project.
The central government holds 75 percent stake in SJVNL and Himachal Pradesh government owns the rest.
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- SJVNL's second plant to start power generation in December - Jul 25, 2012
- SJVNL achieves record power generation - Oct 09, 2011
- Record hydropower generation by Himachal plant - Apr 02, 2011
- SJVNL declares Rs.333.9 crore dividend - Sep 13, 2011
- SJVNL declares Rs.388.84 crore dividend - Sep 04, 2012
- Hydropower projects remain shut, north India hit - Jul 26, 2011
- Second SJVNL hydro project to be commissioned by 2013 - Feb 08, 2011
- Hydropower major forays into wind power - Feb 09, 2012
- Record power generation by Himachal plant - Apr 01, 2012
- Himachal's hydropower plants shut, power shortage in north (Lead) - Aug 21, 2012
- SJVNL resumes power generation - Aug 18, 2010
- Nathpa Jhakri plant shut, disrupts power supply in North - Jul 27, 2010
- Nathpa Jhakri hydropower plant remains shut for third day - Jul 28, 2010