India hydro developer signs memorandum with government

Hydro developer Satluj Jal Vidyut Nigam Ltd. (SJVN) has signed an agreement with India’s Power Ministry containing a commitment for generation from its major hydropower project and development targets for four more proposed hydro plants.

SJVN said the memorandum of understanding (MOU) signed in March with Power Secretary Anil Razdan calls for the developer’s 1,500-MW Nathpa Jhakri hydroelectric project to generate 6,720 million kWh in the 2007-2008 fiscal year for expected revenue of 14.03 billion rupees (US$327.26 million). (HNN 4/14/06) SJVN said Nathpa Jhakri’s generation is subject to a 15 percent mandatory flow release in the Satluj River, per agreement with Himachal Pradesh State, and the availability of water inflows.

SJVN said the memorandum also includes construction targets for the 412-MW Rampur hydroelectric project. (HNN 3/1/07) The Kunni adit is to be completed in May, followed by the Goshel adit in December and the Kazo adit in February 2008. The MOU also provides for excavation of 900 meters of the 15-kilometer headrace tunnel by February 2008 on the Satluj River in Himachal Pradesh. Electro-mechanical works are to be awarded in August.

The agreement also spells out schedules for submission of detailed project reports, in August for the 700-MW Luhri project on the Satluj and the 34.5-MW Naitwar Mori project on the Rupin River in Uttarakhand State, and in January 2008 for the 36-MW Jakhol Sankari project on the Supin River in Uttarakhand. (HNN 3/29/06)

The Ministry of Power is to assist SJVN in obtaining speedy clearances for the projects from various statutory authorities as well as compensation from bulk consumers and state electricity boards.

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