Saturday, 03 December 2022

 

 

LATEST NEWS Punjab Police's AGTF Arrests Lawrence Bishnoi Gang Member From Dhakoli; Recovers 20 Pistols, Innova Car Chief Secretary Vijay Kumar Janjua Directs To Focus On The Coverage Of Children Under Aadhaar Now, Horticulture Experts Just A Call Away Punjab Police Foil Major Heroin Smuggling Bid Through Indo-Pak Border; 5.6 Kg Heroin, Hexacopter Drone Recovered We want to build the biggest league outside India : Graeme Smith Litton Kumer Das to lead Bangladesh in upcoming ODI series against India Suryakumar Yadav will someday win a World Cup for Team India : Brett Lee Free yoga classes to continue at all costs, announces Arvind Kejriwal WhatsApp rolls out disappearing messages shortcut on Android beta National Conference on Innovative Trends in Engineering Technology concludes at GCET Jammu DC Ramban Mussarat Islam reviews progress of work on NH-44 Four laning project Committee on Land Use approves 12 cases in Doda Modern Youth Innovation Centre coming up in Ghat soon DDC Chairman Dhananter Singh Kotwal launches work of JJM Water Supply Scheme at village Rainda DDC Rajouri Vikas Kundal reviews performance of PMGSY MVD, Health Department organise free medical camp for operators of commercial vehicles NCSC Chairman Vijay Sampla asks Cochin Port authority and Cochin Shipyard limited to redress issues of SC employees Every unemployed youth will get job, contractual employees to be regularised in Gujarat : Bhagwant Mann Harbhajan Singh ETO directs officials of PWD to speed up the ongoing development works Governor Rajendra Vishwanath Arlekar inaugurates National Conference on Digital Crime and Forensic Science Director Agriculture Chowdhury Mohammad Iqbal reviews working scenario of Agriculture Law Enforcement Agency

 

CPSE under Ministry of Power bags project under leadership of Union Power Minister, R K Singh

A welcome achievement ;Nepal chose our CPSU based on its performance in Arun-3 HEP : Shri R K Singh

Raj Kumar Singh, R.K. Singh, BJP, Bharatiya Janata Party

Web Admin

Web Admin

5 Dariya News

New Delhi , 12 Jul 2021

A Memorandum of Understanding (MoU) has been signed for execution of 679 MW Lower Arun Hydro Electric Project in Nepal between Satluj Jal Vidyut Nigam (SJVN) Central Public Sector Enterprise under Ministry of Power, Government of India & Investment Board of Nepal (IBN) in Kathmandu Nepal. With the active support of Ministry of Power, Govt. of India, SJVN won the project through International Competitive Bidding defeating other companies of the neighbouring countries.Shri  R K Singh called this a welcome achievement saying that Nepal chose our CPSU based on its performance in Arun-3 HEP . During the visit of Shri R K Singh, Union Cabinet Minister of Power and New and Renewable Energy to Nepal in September 2019, he convinced the Prime Minister of Nepal to allot SJVN, the Lower Arun HEP (679 MW), a downstream development of Arun-3 HEP based on the capabilities, proven track record of SJVN in hydro sector as also  shown by the progress of construction activities of Arun 3 HEP in Nepal.Ministry of Power under the able leadership of Shri R K Singh, Union Cabinet  Minister of Power and New and Renewable Energy has introduced various landmark measures to promote development of hydro power sector. These measures include declaration of large hydro power projects as renewable energy projects, rationalisation of tariff, increasing useful life of project to 40 years, increasing debt service period to 18 years, financial assistance for enabling infrastructure and flood moderation works and Hydro Power Purchase Obligation. Also, guidelines to reduce incidence of time and cost during construction of hydro power projects were also issued by Ministry of Power.India is also endeavouring creation of a common pool for regional power grid and energy market in the neighbouring countries for regional peace and improvement of optimum utilisation of generation assets under the visionary leadership of Prime Minister Shri Narendra Modi.

The Memorandum of Understanding (MoU) was signed by (SJVNL) Chairman and Managing Director Shri Nand Lal Sharma and IBN Chief Executive Officer  Shri Sushil Bhatta in the benign presence of Deputy Prime Minister of Nepal, Shri Bishnu Prasad Paudel  and Ambassador of India to Nepal, Shri Vinay Mohan Kwatra. On this Occasion CEO SAPDC, Sh. Arun Dhiman and CFO SAPDC, Shri Jitender Yadav were also present along with other senior officials from Government of Nepal and SJVN. SJVN Limited has bagged 679 MW Lower Arun HEP through International Competitive Bidding (ICB), which involved big players.The Lower Arun Hydro Electric Project is located in Sankhuwasabha and Bhojpur Districts of Nepal. The project will not have any reservoir or dam and will be a tail race development of 900 MW Arun3 HEP. The project will have four francis type turbines. On completion the Project will generate 2970 million units of electricity per annum. It is scheduled to be completed in four years after commencement of construction activities and  has been allocated to SJVN for 25 years on Build Own Operate Transfer basis.This is the second project awarded to SJVN in Nepal, the first one being the 900 MW Arun 3 Hydro Electric Project in Sankhuwasabha District. Arun-3 Project is being implemented through wholly owned subsidiary company of SJVN i.e. SJVN Arun-3 Power Development Company Limited (SAPDC) incorporated in Nepal. SJVN Limited was allotted even this project through international competitive bidding by Government of Nepal on Build Own Operate and Transfer (BOOT) Basis with a concession period of 25 years excluding 5 years of construction time.The Foundation Stone of the Arun 3 project was jointly laid by Prime Minister of India Shri Narendra Modi  and  Prime Minister of Nepal Shri K P Sharma Oli at Kathmandu on May 11th 2018. Arun 3 HEP is the largest project in Nepal and also the largest investment of around INR 7000 Crores by India in Nepal. The commissioning of this project will go a long way in fostering friendship between the two neighbours and also lead to accelerated development and economic revival of Nepal. Project construction works are going on in full swing. The power from this project will be evacuated to India through the 400 kV double circuit transmission line to Sitamarhi in Bihar, India, also being constructed by SAPDC.SJVN’s present installed capacity is 2016.51 MW and aims to be 5000 MW Company by 2023, 12000 MW Company by 2030 and 25000 MW Company by 2040. SJVN has presence in various sectors of energy generation which includes Hydro, Wind, Solar & Thermal. The company also has presence in the field of Energy Transmission.

 

Tags: Raj Kumar Singh , R.K. Singh , BJP , Bharatiya Janata Party

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD