NHPC inks agreement for `14,000 Cr tawang Plants
India’s premier hydropower generation company NHPC Limited has signed a power purchase agreement (PPA) with the government of Mizoram for supply of 1,400 megawatt for a period of 35 years.
Two projects – Tawang I and Tawang II – will supply 600 mw and 800 mw respectively to Mizoram, when ready. “PPA in respect of upcoming projects Tawang-i and Tawang-ii HE Project, Arunachal Pradesh has been signed on December 29, 2016 with Power & Electricity Department, government of Mizoram for a period of 35 years from the date of commercial operation (COD) of the project,” mentioned a BSE filing.
Presently, both the projects are awaiting clearances to commence construction for the hydropower plants. According to May 2016 price levels, the estimated cost for Tawang Hydroelectric Project or Tawang-i is at Rs 6,131.69 crore. It will take 78 months for to be completed. For Tawang-ii, the estimated cost as per September 2015 price level is at Rs 7,829.08 crore.