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India proposes to construct Lower Arun Hydro project

ANI  |  Asia 

The has proposed the construction of Lower Arun Hydropower Project in with a capacity of 400 Megawatts (MW).

"In a meeting with for Energy, Water Resource and Irrigation at on Monday, Indian of State for Power Raj Kumar Singh put forth a proposal that the new project can be developed adopting the same model of 900-MW project," state-run Rastriya Samachar Samiti (RSS) reported.

"A proposal has been made from Indian side to develop the Lower Arun on the same model being adopted by Indian company while constructing the has put its stance for further discussion observing the progress on the construction of Arun III," Pun was quoted by the agency as saying.

Minister Pun noted that the government would make a proper decision whether or not to award the construction of Lower Arun to after seeing the progress in hydro project.

Minister Pun arrived in to participate in the International Sustainable Development Conference that began from Monday.

It may be noted that the had scrapped the license of the Lower Arun project as per the directive of the of Authority (CIAA) when the Brazilian Company 'Brass Power' failed to perform according to the conditions stipulated in the license.

The Brazilian company did not make any progress on the project in the last 15 years since the license was awarded.

The project investment is estimated to be over Rs 100 billion. has estimated that the project would be of around 1000 MW capacity if it is designed in a way to export power to India, according to the report.The is carrying out the project feasibility and detail study. has put forth the proposal to build the Lower Arun project by keeping all conditions stipulated in Arun III.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 13 2019. 04:15 IST