To improve regional energy reliability and advance sharing across borders, the state-owned SJVN has finalized a deal with Damodar Valley Corporation (DVC), under which it will provide 200 MW of electricity from its Arun-III Hydro Electric Project in Nepal. By signing this agreement, both SJVN CMD Bhupender Gupta and DVC Executive Director Sanjeev Srivastava have pointed to increased efforts by India and Nepal to use clean energy together.
The Arun-III Hydro Electric Project is being developed in the Sankhuwasabha District of Nepal by SJVN, through its subsidiary, SJVN Arun-3 Power Development Company (SAPDC). Upon completion in 2027-28, the project will provide 900 MW of renewable and clean energy.
Key highlights:
The aim of this project is to produce hydroelectric energy from the Arun, meet rising electric demand and support the development of the area using sustainable practices.
Also read: Adani to Partner with Druk Green for 5,000 MW Bhutan Hydropower Development
"The Power Sale Agreement with DVC was signed on Friday in the presence of SJVN CMD Bhupender Gupta and DVC Executive Director Sanjeev Srivastava," SJVN stated in an official release. The Arun-III project plays a major part in energy trade with nearby countries and regional partnership, helping SJVN move forward with India’s clean energy policies and developing cooperation with Nepal.
We use cookies to ensure you get the best experience on our website. Read more...