In a significant step towards accelerating hydro power development in Arunachal Pradesh, SJVN has released Rs 269.97 crore as land compensation for 3097 MW Etalin Hydro Electric Project in Dibang Valley. The project aims to construct two dams on Dri River and on Talo (Tangon) River along with an underground powerhouse complex. The project is scheduled for commissioning in December 2033. The release of this compensation amount is a major step in honouring the rights of local communities while ensuring the infrastructural growth of the nation.
A Memorandum of Agreement (MoA) was signed between SJVN and Arunachal Pradesh government in August 2023 for this project along with four other hydro projects in the state, with a total capacity of 5,097 MW. These projects are located in Dibang Valley district and will infuse in a combined investment of approximately Rs 60,000 crore.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
| Company Name | CMP |
|---|---|
| NTPC | 386.15 |
| Tata Power | 409.45 |
| Adani Power | 181.40 |
| Power Grid Corp | 300.30 |
| Torrent Power | 1474.75 |
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