Sutlej Jal Vidyut Nigam (SJVNL) on 28 April 2010 signed an MoU with the
Manipur Government and NHPC to jointly develop the 1,500-MW Tipaimukh
hydroelectric project in Manipur.
The project is estimated to cost Rs 8,138 crore. NHPC is likely to acquire a
69 per cent stake in the JV, while 26 per cent will be held by SJVNL and the
remaining 5 per cent by the Manipur Government.
The DPR will now be prepared after which the final impact of the project
could be known.
The project has been facing opposition from the Bangladesh Government due to
a proposed dam for the hydel project to be built on Manipur’s Barak river that
branches into the Surma and the Kushiara rivers after entering Sylhet district
of Bangladesh.
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