Nepal has decided to award the contract for construction of 679 megawatt Lower Arun Hydropower Project to India’s Satluj Jal Vidyut Nigam (SJVN).
- The project on Arun river was awarded to the SJVN under the Build, Own, Operate and Transfer (BOOT) delivery method.
- Similar to the Arun III hydel project, which will provide 21 per cent free power to Nepal during the concession period, the developer of the Lower Arun hydel project should also prioritise providing certain percent of power free of cost.
(Source: AIR)