By: Vijay Kumar Verma, Editor-ICN Group
SHIMLA: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi on 28th February, 2019 has approved investment for Transmission Component of Arun-3 Hydro Electric Project (Nepal Portion) for an estimated cost of Rs. 1236.13 crore at June 2017 Price level.
The current approval is for Investment in 400 kV D/C Diding (In Nepal) – Bathnaha (International Border) via Dhalkebar (In Nepal) Transmission Line of approximately 217 KM falling within the territory of Nepal to evacuate power from Arun-3 HEP in Nepal. On 11th May 2018, Prime Minister of India Narendera Modi and Prime Minister of Nepal, K.P. Sharma Oli had jointly unveiled the Foundation Stone of SJVN’s 900 MW Arun-3 Hydro Electric Project.
Nand Lal Sharma, Chairman & Managing Director, SJVN told that direct employment of around 3500 persons is envisaged in construction of project including transmission component. The Arun -3 Project will give 21.9 % free power to Government of Nepal and help in development of the region by generating employment opportunities for the locals, boosting local industries, and fostering entrepreneurship. Nepal will also have the option to purchase about 7.8% of power on payment basis. Balance power will be exported from Nepal to India. Therefore, power demand in India will also be met from Arun -3 Project.
Sh. Nand Lal Sharma, further mentioned that SJVN limited had bagged 900 MW Arun-3 Project in Nepal the project through International Competitive Bidding. A Memorandum of Understanding was signed between Government of Nepal and SJVN Limited in March, 2008 for execution of the Project on Build Own Operate and Transfer (BOOT) basis for a period of 30 years including five years of construction period. The Project Development Agreement (PDA) was signed in November, 2014.
The Arun-3 Hydro Electric Project (900 MW) is located on Arun River in Sankhuwasabha District of Eastern Nepal. The Run-of-River scheme envisages about 70 mtr high concrete gravity dam and Head Race Tunnel (HRT) of 11.74 Km. with underground Power House containing four generating units of 225 MW each on Left Bank.