Union cabinet approves Rs 2,614.51 crore investment in the 382 MW Sunni Dam Hydro Electric Project

Tags: National State News

The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi on 4 January 2023 approved the investment of Rs 2,614.51 crore for the 382 MW Sunni Dam Hydro Electric Project by state-owned SJVN Ltd in Himachal Pradesh. 

The 382 MW Sunni Dam Hydro Electric Project is being developed by Sutlej Jal Vidyut Nigam limited (SJVN) on Sutlej river in the Shimla and Mandi districts of Himachal Pradesh.  The project on completion is expected to generate 1,382 million units of electricity annually.

This project would help in reduction of 11 lakh tons of carbon dioxide from the environment annually and Himachal Pradesh would benefit with around Rs 2,587 crore worth of free power.

Prime Minister Narendra Modi had virtually laid the foundation stone of the 382 MW Sunni Dam Hydro Electric Project in Himachal Pradesh on 27 December 2021. He also laid the foundation stone of 210 MW Luhri Stage-1 on river Sutlej and  66 MW Dhaulasidh project being built on Beas river .All the projects are being developed by SJVN.

Sutlej Jal Vidyut Nigam Limited (SJVN)

It is a Mini Ratna Category-I Central public Sector Enterprises Company under the Union Ministry of Power.

The company is a joint venture of the Government of India and Himachal Pradesh government with the government of India holding the majority shares. It was set up in 1988 for hydroelectric power generation and transmission.

SJVN is presently implementing or operating power projects in Himachal Pradesh, Uttarakhand, Bihar, Maharashtra, Uttar Pradesh, Punjab, Gujarat, Arunachal Pradesh, Rajasthan, Assam, Odisha, Mizoram and Madhya Pradesh in India besides neighbouring countries of Nepal and Bhutan.

Chairman and Managing Director: N L Sharma