Aizawl, March 27: NEEPCO and Mizoram Government signed the Memorandum of Agreement (MoA) here to take up three hydro electric projects having a total capacity of 1,526 MW. Addressing a press conference last night, I P Barooah, NEEPCO Chairman and Managing Director said the MoAs were for setting up of 635 MW Chhimtuipui project, 815 MW Lungreng project and the 76 MW Mat Hydro Electric Projects.
"NEEPCO would first carry out field investigations, which would take around 18 months, and thereafter subject to techno-commercial viability and necessary mandatory clearances, the projects would be taken up for execution," Barooah said. He said with strong support received from the State Government and the Centre, the abandoned 60 MW Turial hydro electric project is in the final stages of revival and likely to commence work within three months after obtaining fresh clearances from the Union Cabinet Committee on Economic Affairs. The Turial project was delayed for six years due to law and order problems over claims of compensation by the land owners of areas proposed to be submerged. The project cost was revised to Rs 880 crore and would produce power at Rs 3.70 per unit, he said.
KK Barooah said 85 per cent of the project cost would be from JICA of Japan and the rest from the Centre. He said 100 units of power would be given free of costs to the affected people for 10 years. "13 per cent of the power generated would be given free of cost, while 12 per cent to the State Government and one per cent to the local populace near the project sites." Social projects like construction of schools, dispensaries, post offices and banks would be taken up by NEEPCO for those from the affected areas of the projects. (PTI)
No comments:
Post a Comment