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Arunachal Pradesh inks MoA with THDCIL for hydroelectric project

Automotive Industries  -  Jan 02,2024  - 

Arunachal Pradesh government signed an memorandum of agreement wiht Tehri Hydropower development Corporation India ltd for developing 1,200 MW Kalai II hydroelectric project in the Lohit river basin.

Ankur Garg, Commissioner (Hydropower) and Bhupender Gupta, Director (Technical) THDCIL, signed the MoA on behalf of the Govt of Arunachal Pradesh and M/s THDCIL respectively.

Ankur Garg, Commissioner (Hydropower) said that the project will bring in investment of over Rs. 13,000 Crore in the state during its construction phase. Once commissioned, it will generate over Rs. 300 Crore annually in free power revenue for the state and about Rs. 25 Crore annually for the Local Area Development Fund.

With the allotment of Kalai-II project to THDCIL, the state has thus concluded MoAs for 13 projects with a total capacity of 12,717 MW in this calendar year.

MoAs for 13 projects with a total capacity of 12,717 MW in this calendar year. Kalai-II project was initially allotted to an independent power developer in 2009 but remained stalled due to various reasons.

 

Company : Tehri Hydropower Development Corporation India Ltd (THDCIL)