Sharma, who is on a three-day visit to the neighbouring nation, called on Oli on Saturday, SJVN said in a statement.
New Delhi: SJVN is keen to set up more hydroelectric power projects in Nepal, the power PSU’s CMD N L Sharma informed Nepal Prime Minister K P Sharma Oli on Saturday. Sharma, who is on a three-day visit to the neighbouring nation, called on Oli on Saturday, SJVN said in a statement.
“During his visit Sharma met Prime Minister of Nepal K P Sharma Oli and Deputy Prime Minister of Nepal Bishnu Prasad Paudel today at Kathmandu and requested PM to consider SJVN for development of more hydro electric projects in Arun Basin and at other locations in Nepal,” it said.
The foundation of under-construction 900-megawatt Arun III hydroelectric power plant in Tumlingtar area in eastern Nepal was jointly laid down by Prime Minister Narendra Modi and his Nepalese counterpart K P Sharma Oli earlier.
In January 2021, SJVN Ltd announced bagging 679 MW Lower Arun Hydro electric project in Nepal in international competitive bidding.
“The Prime Minister expressed satisfaction with the progress of ongoing activities at the project sites and showed keen interest in visiting Project sites of Arun-3 Hydro Electric Project,” SJVN said.
SJVN, a joint venture company of Government of India and Government of Himachal Pradesh, has presence in various sectors of energy generation which includes hydro, wind, solar and thermal.
At present, the company’s installed capacity is 2,016.51 MW. It aims to be a 5,000 MW company by 2023, 12,000 MW company by 2030 and 25,000 MW company by 2040.
Source: PTI
