Tuesday, 09 August 2022

 

 

LATEST NEWS All issues regarding NOC of purchase & sale of property to solve soon : Bram Shankar Sharma Decisive War Against Drugs: Under Special Drive, Punjab Police Successfully Arrests 141 Pos/Absconders Of Ndps Act In One Month Raghav Chadha urges External Affairs Minister S. Jaishankar to bring Mandeep Kaur’s Mortal remains back to India Pending VAT cases to be resolved within four months : Harpal Singh Cheema Fatigue, headache among top symptoms of long Covid CWG 2022: With another solid display, Sharath Kamal wins singles gold; fourth at Birmingham I played a bit more patiently, that gave me a lot of confidence : Lakshya Sen 'Games of Thrones' star Sean Bean says intimacy coordinators 'spoil the spontaneity' Ankit Tiwari gives another romantic treat to fans with 'Jaaniya' Moeen Ali, Sunil Narine, Chris Lynn, Shimron Hetmyer, Wanindu Hasaranga among big-ticket sign-ons for UAE's ILT20 'Attack on states' authority': Punjab Chief Minister Bhagwant Mann opposes Electricity Amendment Bill Maha cabinet expansion likely on Tuesday, hints Eknath Shinde Aamir Khan hasn't seen SS Rajamouli's magnum opus 'RRR' Lakshya Sen gets India's 20th gold medal after beating Ng Tze Yong in men's singles badminton Previous CMs absence from Niti Aayog meetings harmed state's interests : Malvinder Singh Kang Treatment plants for waste water coming from Rajasthan : Manohar Lal Khattar Google again sues Sonos for copying smart speaker, voice control tech Jennifer Lopez helped resurrect her acting career : Jane Fonda As a batting, bowling team we have a lot to do : Nicholas Pooran Duleep Trophy to kick-start Indian domestic season 2022-23, Irani Cup makes a return Have been an ardent fan of Anurag Kashyap's cinema : Armaan Malik

 

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