Itanagar, March 31: The Arunachal Pradesh state cabinet on Wednesday approved the Memorandum of Agreement (MoA) to be signed with two Central Public Sector Undertakings (CPSUs) – NEEPCO and SJVNL) – for handing over of five terminated hydropower projects (HEP) to them.
The total generation capacity of five terminated hydropower projects will be 2823 MW. The MoAs would be signed soon with the two CPSUs.
The state cabinet in its meeting under the chairmanship of Chief Minister Pema Khandu approved the MoA to be signed with the CPSUs for development of Hydropower in the state. These five projects would require an investment of Rs 40,000 crore in next 5-7 years.
Of the five projects, two hydropower projects — Naying (1,000 MW) and Hirong (500 MW) — would be handed over to the North Eastern Electric Power Corporation Limited (NEEPCO); and Emini (500MW), Amulin (420MW) and Minundon (400MW) to the Satluj Jal Vidyut Nigam Limited (SJVNL) for development.
“These projects would provide revenue of around Rs 500 crore per year and around Rs. 100 crore for Local Area Development (LAD),” said an official.
Hydropower is a major source of renewable energy and if harnessed would bring in all round socio economic development of the area. It is said that Arunachal Pradesh, through its hydropower, would contribute majorly towards India’s commitment of increasing non-fossil energy capacity to 500 gigawatt.
