SJVN to invest Rs 60,000 cr to harnes 5,097-MW hydropower in Arunachal

New Delhi: State-owned power producer SJVN Ltd on Wednesday said it will invest Rs 60,000 crore to harness 5,097 megawatts (MW) of hydropower in Arunachal Pradesh.

SJVN Chairman and Managing Director Nand Lal Sharma held a meeting on Wednesday with Arunachal Pradesh Deputy Chief Minister Chowna Mein in New Delhi to discuss a road map to develop hydroelectric projects, according to a statement.

"SJVN Ltd will invest Rs 60,000 crore to harness 5,097 MW of hydropower in Arunachal Pradesh," the company said in the statement. He said that pursuant to the efforts of Union Power Minister R K Singh, the Arunachal Pradesh government has accepted the allotment of five hydroelectric projects having a total capacity of 5,097 MW to SJVN, for which a memorandum of understanding will be signed shortly.

The projects, namely Etalin Hydroelectric Project (HEP) (3,097 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.

Sharma said he has always advocated the concept of the Integrated River Basin Development Approach, wherein the allocation of hydro projects in one single river basin to one developer will enable optimum utilisation of manpower, infrastructure and financial resources.

He expressed satisfaction that this novel concept has been accepted by the Government of Arunachal Pradesh in the allocation of these projects.