New Delhi [India], August 12 (ANI): Twelve stalled Hydro Power Projects of Arunachal Pradesh of greater than 11.5 GW had been handed over to the Hydro PSUs underneath Union Ministry of Power on Satuday, a press launch from the Ministry of Power said.
The Union authorities and the Government of Arunachal Pradesh got here collectively to signal Memorandums of Agreement in Itanagar whereby 12 hydro-electric tasks of cumulative put in capability of about 11,517 MW was allotted by the state authorities to Hydro PSUs underneath the Union Ministry of Power.
The MoA signing ceremony was attended by Union Minister for Power and New and Renewable Energy, R.K. Singh; Chief Minister of Arunachal Pradesh Pema Khandu, Deputy Chief Minister of Arunachal Pradesh Chowna Mein; Union Power Secretary Pankaj Agarwal, and different officers of the Central and State Governments, the press launch said.
Addressing the occasion, Union Minister for Power and New and Renewable Energy RK Singh mentioned that implementation of those hydropower tasks will contribute immensely to the richness of the state.
“The per capita income of the state would become more than that of Maharashtra and Gujarat. All the developed nations including the USA, Canada, Norway, have harnessed 80 per cent to 90 per cent of their hydropower potential. In India also, the states which harnessed the potential of hydropower have become prosperous. Hydropower is a green source of energy. Its usage will also increase the ground water level and promote growth of florafauna,” RK Singh mentioned.
Signing of those Memorandums of Agreement and allotment of those tasks to Hydro CPSUs shall show to be a big step in direction of harnessing the immense hydro-electric potential of Arunachal Pradesh.
Out of those 12 tasks, 5 tasks of two,620 MW have been allotted by the State Government to North Eastern Electric Power Corporation Ltd. (NEEPCO), 5 tasks of 5,097 MW to Satluj Jal Vidyut Nigam Ltd. (SJVN) and the remaining two tasks of capability 3,800 MW to National Hydroelectric Power Corporation (NHPC).
These tasks had been earlier allotted to personal sector builders about 15 years in the past however remained non-starters as a consequence of varied causes. The State Government subsequently determined to rope in Central Hydro PSUs to present a push to the languishing tasks.
Development of those tasks will contribute in direction of attaining the declared Nationally Determined Contribution (NDC) goal of attaining 500 GW non-fossil power capability of India by 2030. Hydro Power can even be an efficient contributor to the target of attaining Net Zero carbon emissions by the yr 2070.
These tasks are additionally anticipated to create large employment alternatives within the area and increase the native economic system in addition to foster ability improvement and technical experience within the area. The tasks are anticipated to end in an estimated funding influx of about8377;1,26,500 Crores to the state of Arunachal Pradesh, the press launch said. (ANI)