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CMD SJVN calls on PM Nepal for more Hydro Projects

CMD SJVN calls on PM Nepal for more Hydro Projects Nand Lal Sharma, Chairman & Managing Director SJVN is on the official visit to 900 MW Arun-3 Hydro Electric Project in Nepal. During his visit Sharma met Prime Minister of Nepal K.P. Sharma Oli & Dy. Prime Minister of Nepal Bishnu Prasad Paudel July 10, at Kathmandu. Nand Lal Sharma apprised Prime Minister & Dy. Prime Minister with the progress of 900 MW Arun-3 Hydro Electric Project. He also thanked the Prime Minister for allocating 679 MW Lower Arun-3 Hydro Electric Project to SJVN. Nand Lal Sharma emphasized that for Hydro Power sector, Integrated River Basin Development approach is the best option as it results in economic viability and boosts infrastructural development. Integrated River Basin Development will result into optimisation of resources and faster project completion at lower cost. It would further ensure overall socio-economic development of the region. He requested Prime Minister to consider SJVN for development o

SJVN to build 679-MW hydro plant in Nepal

SJVN to build 679-MW hydro plant in Nepal FE Bureau © Provided by The Financial Express The Arun 3 plant is the largest project in Nepal entailing an investment of around Rs  7,000 crore made jointly by India and Nepal. (Representational image) State-run Satluj Jal Vidyut Nigam (SJVN) has signed a memorandum of understanding with the Investment Board of Nepal to build the 679 mega-watt (MW) Lower Arun Hydro Electric Project in the neighbouring country. SJVN won the project through competitive bidding after defeating other companies in the auction. The project is scheduled to be completed in four years after commencement of construction, and has been allocated to SJVN for 25 years on build-own-operate-transfer basis.

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