Saturday, January 5, 2008

Uttarakhand for executing the project before seeking its approval

CEA declined to appraise the detailed project report (DPR) submitted for the 420-MW project, saying the agreement signed by Uttarakhand government and proposed developer National Hydroelectric Power Corp (NHPC) for implementing the project has expired, a senior CEA official said.

The agreement signed by NHPC with the Uttarakhand government for the project expired Oct 31 last year, the official added.

'In view of above, it may be appreciated that revival of DPR by CEA for examination for concurrence is not feasible till implementation agreement is signed by NHPC with government of Uttarakhand,' CEA has told NHPC.

CEA has advised NHPC to sign a fresh agreement with Uttarakhand for executing the project before seeking its approval, the official told IANS.

NHPC expects to complete the project in 54 months after securing approval and clearances.

The proposed hydroelectric plant is expected to generate 1,050 million units of electricity a year.

Tariff for the power generated at the project is expected to be Rs.3.77 per unit of electricity at the currently estimated completion cost of Rs.43 billion.

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