2 mega hydroelectric power projects coming up in Arunachal
The projects’ cost at Rs 35,000 cr
image for illustrative purpose
Itanagar: Two mega hydroelectric power projects would be set up in Arunachal Pradesh with a cumulative investment of around Rs35,000 crore, officials said here on Wednesday.
A senior official said that in a major decision to enhance the financial viability of large hydropower projects rejuvenated through Memorandum of Agreements (MoA) with Central Public Sector Undertakings (CPSUs), the state cabinet on Wednesday approved the grant of SGST reimbursement concessions for the Tato-II Hydroelectric Project (700 MW) and the Kamala Hydroelectric Project (1,720 MW).
The Tato-II HEP is located on the Siyom River in the Shi Yomi district and the Kamala HEP is located on the Kamala River in the Kamle district.
Both these projects will be implemented in joint ventures between the state government and the respective CPSUs, with the state government holding a 26 per cent equity share in the JV, the official said.
According to the official, these two HEPs are part of the 13 stalled large HEPs rejuvenated by the state government through the signing of MOAs with four CPSUs in 2023. He said that the two HEPs would generate significant employment and self-employment opportunities through infrastructure development and ancillary services, along with benefits to local communities through enhanced infrastructure, including roads, healthcare, and educational facilities, fostering long-term socioeconomic growth.
