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PTC, SJVN ink pact to sell power from upcoming Arun-3, Lower Arun hydro projs

PTC India Ltd on Thursday said it has entered into a pact with SJVN for sale of electricity from two hydel power projects.The company has entered into the Memorandum of Understanding MoU with SJVN Arun-3 Power Development Company Private Limited SAPDC, a wholly-owned subsidiary of state-owned SJVN.The pact is for the sale of hydropower from SAPDCs Arun-3 and lower Arun hydroelectric projects on a long term basis to utilitiesconsumers in India, according to a statement.SAPDC is setting up two hydroelectric projects 900 MW Arun-3 and 669 MW Lower Arun in Sankhuwasabha, Nepal.

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