SJVN has signed Project Development Agreement (PDA) of 669 MW Lower Arun Hydro Electric Project (HEP) in Nepal. The Project shall be constructed in five years at a cost of Rs 5,792 crore with a levelized tariff of Rs 4.99 per unit. The project will be developed on BOOT basis and on completion it will generate 2,901 million units of energy annually. In addition to this, the Company is also developing 217 KM long 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 through International Competitive Bidding in February 2021 and the MoU was signed in July 2021. A tail race development of 900 MW Arun 3 HEP project will not have any reservoir or dam and will operate as Tandem Operation System with Arun-3 Project.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
