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SJVN to develop hydro power project Arun-4 in Nepal

Wednesday, 18 May 2022

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SJVN will develop hydro power project Arun-4 worth Rs 4,900 crore in Nepal.

A memorandum of understanding (MoU) for development of 490 MW hydro electric project in Nepal has been signed in Lumbini, Nepal.

This will be the third mega project to be constructed by the company in Nepal. The construction of 900 MW Arun-3 project is in progress, while 669 MW Lower Arun project is at the survey and investigation stage.

SJVN is targeting to have 5,000 MW projects in Nepal by 2030. The Arun-4 hydro electric project will be developed as a joint venture by SJVN and NEA, wherein the former will have majority stake.

The project will generate around 2,100 million units of energy per annum.