SJVN bags 679 MW Lower Arun Hydro Electric Project in Nepal

• In a display of sheer competence SJVN wins 679 MW Lower Arun Hydro Electric Project in Nepal

• SJVN bagged project through international competitive bidding, after competing with various international companies including from China

New Delhi: SJVN Limited's Chairman & Managing Director (CMD) Nand Lal Sharma informed that the government of Nepal has allotted 679 MW Lower Arun Hydro Electric Project in Nepal to SJVN through competitive bidding. The Investment Board of Nepal in its meeting on January 29, chaired by Prime Minister of Nepal KP Sharma Oli has awarded the project to SJVN.

Sharma met Oli, in Kathmandu and expressed his deepest gratitude to the Prime Minister for awarding the Lower Arun Hydro Electric Project to SJVN and assured that the project will be completed in a time-bound manner.

Sharma informed that SJVN has obtained the project through international competitive bidding, after competing with various international companies including from China.
The Lower Arun Hydro Electric Project is located in Sankhuwasabha and Bhojpur Districts of Nepal. On completion 679 MW Lower Arun Hydro Electric Project will generate 3,561 million units of electricity per annum.

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Sharma further stated that the projects being developed by SJVN in Nepal would result in the overall development and boost mutual economic growth in India and Nepal. He said that the infrastructural development related to project activities would ensure overall socio-economic development of the region. SJVN is already constructing 900 MW Arun 3 HEP in Nepal and 217 km 400 kV associated transmission system. With the addition of the Lower Arun Hydro Electric Project to its kitty, the SJVN portfolio now stands at 8960.5 MW.

SJVN's present installed capacity is 2,016.51 MW and aims to be 5,000 MW company by 2023, 12,000 MW company by 2030 and 25,000 MW company by 2040. SJVN has a presence in various sectors of energy generation which includes hydro, wind, solar and thermal. The company also has presence in the field of energy transmission.

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