The Cabinet Committee on Economic Affairs (CCEA) has approved the investment of ₹5,792.36 crores (Cost to Completion) for 669 MW Lower Arun Hydro Electric Project (LAHEP) at a levelized tariff of ₹4.99 per unit.
The 669 MW Lower Arun Hydro Electric Project with four units of 167.25 MW each, is located downstream of 900 MW Arun-3 Hydro Electric Project on river Arun in Sankhuwasabha district of the province-1 in Nepal. This project is designed to generate 2,900 million units of energy annually.
The Company bagged the project through international competitive bidding and the project is being implemented on Build-Own-Operate and Transfer (BOOT) basis with active support from the Ministry of Power, Government of India. The project shall be commissioned within a span of 60 months from the date of investment approval. The generated power shall be evacuated through under-construction 217 km 400 KV Double Circuit Transmission Line up to Sitamarhi, Bihar.
Shares of SJVN Limited was last trading in BSE at Rs. 143.90 as compared to the previous close of Rs. 146.45. The total number of shares traded during the day was 564519 in over 4675 trades.
The stock hit an intraday high of Rs. 144.90 and intraday low of 142.30. The net turnover during the day was Rs. 81152062.00. |
