The 382 MW Sunni Dam Hydroelectric Project in Himachal Pradesh has received investment approval of 2,614 crore from the Cabinet Committee on Economic Affairs, which is presided over by the Hon’ble Prime Minister Narendra Modi.
Within 63 months of the start of development, the project is expected to be completed and will produce 1,382 million units yearly. When the project is finished, the company will receive a return on equity of 16.50% because it is being funded at a debt-to-equity ratio of 70:30. By doing this, 1.1 million tonnes of carbon dioxide emissions will be lowered annually.
The company has aligned its Shared Vision of 5,000 MW by 2023, 25,000 MW by 2030 & 50,000 MW capacity by 2040 with that of Government of India’s target of achieving 50% energy from non-fossil fuel sources by 2030. As a strategic & reliable partner, SJVN plans to play a vital role in clean energy transition of the nation and vision to provide round the clock power to all.
