The 900 MW Arun-3 Hydro Electric Project, located on River Arun in Sunkhuwashabha district of Nepal, is being executed by SJVN through its wholly-owned subsidiary SJVN Arun-3 Power Development Company (SAPDC).
Prime Minister Narendera Modi, along with his Nepali counterpart KP Sharma Oli, had jointly laid the foundation stone of Arun-3 on Friday from Kathmandu.
According to Nand Lal Sharma, Chairman and Managing Director of SJVN, the project is being executed by SJVN through its wholly-owned subsidiary SJVN Arun-3 Power Development Company (SAPDC). Mr Sharma said here that the peaking run-of-the-river project has been allocated to SJVN, based on International Competitive Bidding (ICB) by Government of Nepal (GoN) in March, 2008. Memorandum of Understanding for execution of Arun-3 project was signed between Government of Nepal and SJVN on March 2, 2008, he added.
This is an export-oriented project with a generation capacity of 900 MW. The height of the Dam will be 70 metres, while the Head Race Tunnel will be 11.7 km. The Power House of the project will be underground, consisting of 4 Vertical Francis Turbines of 225 MW each. Arun-3 has the potential to generate 4018.87 million units of electricity every year, he said. The project also involves erection of 217 km-long 400 KV Double Circuit transmission line, up to Nepal-India Border.
The CMD of SJVN informed that the project was awarded to SJVN Limited on build-own-operate-transfer (BOOT) basis for a period of 30 years and is likely to cost around Rs 7000 crore, which includes both generation and transmission part.
Mr Sharma said that SJVN already has requisite expertise to construct and commission Mega Hydro Projects and has commissioned India's Largest 1500 MW Nathpa Jhakri Hydro Power Station and 412 MW Rampur Hydro Power Station in the challenging Himalayan Geology. For implementation of Arun-3 Project, the four major contracts have already been awarded, he noted.
Mr Sharma said the construction of the project would lead to all round development of the area and assist in the upliftment of socio-economic levels of people living in and around the project area. The project activities also boost the development of new roads, bridges and other amenities like healthcare and education. In addition to this, a total of 269 Project Affected Families (PAFs) will get 30 units each of electricity free of cost every month, he said. The project will usher an era of prosperity and development for the area and cement the bilateral ties of brotherhood among two traditionally friendly countries, Mr Sharma pointed out.
He said the project will be an important milestone in the history of SJVN Limited, which already is operating four power projects in the country with a capacity of 1965 MW. The company's other future projects include 10 Hydro Power Projects with a capacity of 3218 MW ( seven projects of 1148 MW capacity in India and three Projects of 2070 MW capacity in neighbouring countries), 1320 MW Thermal Power Project at Buxar in Bihar and 50 MW Wind Power Project at Sadla in Gujarat, the .
UNI JS RJ 1854
-- (UNI) -- C-1-DL0067-1361793.Xml