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NHPC gets CCEA’s nod for pre-investment expenditure for Dibang Multipurpose Project

19 Jul 2019 Evaluate

The Cabinet Committee on Economics Affairs (CCEA) has given approval to NHPC for incurring expenditure on pre-investment activities and various clearances for Dibang Multipurpose Project (MPP) in Arunachal Pradesh for an amount of Rs 1600 crore. The project is being developed by the company.

The estimated total cost of Project is Rs 28080.35 including IDC & FC of Rs 3974.95 crore at Jun'18 price level. The estimated completion period for the project shall be nine years from receipt of Government sanction.

The project shall generate 2880MW (12x240MW) power to produce 11223MU of energy in a 90% dependable year. This is the largest ever Hydro Electric Projects to be constructed in India. The dam is 278 metres high and will be the highest dam in India once completed.

NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.


Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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