The SJVNL chief R P Singh and Kaling Tayeng secretary power Arunachal government signed the MOU at Itanagar Tuesday, a spokesman of public sector company said here.
“The 80MW Doimukh project will be implemented at a cost of Rs 739 crore as run-of-river scheme on river Pare in Arunachal,” R P Singh said.
“It will generate 291.57 MU of electricity in a 90 percent dependable year. 13 per cent of the electricity generated will be provided to Arunachal free and the balance sold to other beneficiaries,” Singh said .
The project is estimated to be completed in 5 years.
SJVN had been entrusted with the works of survey and investigation works for preparation of Pre- Feasibility Report (PFR) of this project in 2012 and the company has successfully completed and submitted to the Arunachal government.
Presently SJVNL has three operational projects of the total capacity of 1959 MW and 12 projects of 5100 MW under various stages of implementation.
SJVNL is a cash rich company with an authorised capital of Rs 7000 crore and paid capital of Rs 4136 crore, Singh said
Recently prime minister Narendra Modi laid the foundation stone of the 600MW Kholongchu hydro electric project, to be built by SJVNL in Bhutan.
SJVNL’s flagship 1500 MW Nathpa Jhakri Hydro Power Station in Himachal is the country’s biggest hydro-electric project.