SJVN signed Project Development Agreement (PDA) of 669 MW Lower Arun Hydro Electric Project in Nepal.

The Project shall be constructed in 5 years at a fee of Rs. Five,792 crores with a levelized tariff of Rs. 4.Ninety nine consistent with unit. The project will be advanced on BOOT foundation and on finishing touch it’ll generate 2,901 million gadgets of strength yearly. In addition to this, the Company is also developing 217 KM lengthy associated Transmission Network for power evacuation and export to India.

The 669 MW Lower Arun Hydro Electric Project is in Sankhuwasabha and Bhojpur districts of Nepal. The Company won the project thru International Competitive Bidding in February 2021 and the MoU changed into signed in July 2021. A tail race development of 900 MW Arun 3 HEP mission will now not have any reservoir or dam and could perform as Tandem Operation System with Arun-3 Project.

Presently, the Company is executing three hydro tasks of two,059 MW in Nepal. 900 MW Arun3 HEP is in advance level of construction and 490 MW Arun-4 HEP can be advanced in Joint Venture mode by means of the Company and Nepal Electricity Authority. The Company is concentrated on for 5,000 MW tasks in Nepal with the aid of 2030.