NEA to construct power line for Arun-III hydro venture

Jun 21, 2016-Nepal Electricity Authority (NEA) has agreed on a proposition to build a 33kV transmission line to supply power for the advancement of Arun-III Hydropower Project.

In spite of the fact that the task's designer SJVN ARUN-III Hydropower Project should build the transmission line, NEA approached to create it taking the aggregate expense of the advancement from SJVN.

As per the Project Development Agreement (PDA) marked between Investment Board Nepal (IBN) and SJVN India on November 2014, the last should build up the transmission line for jolt of territories encompassing the undertaking and additionally for its own utilization amid the development of the task.

Right now, NEA and IBN are setting up a draft Memor-andum of Understanding (MoU) on that respect.

Once the MoU is marked, NEA will create around 40km transmission line associating the task site to the closest sub-station at Tirtire of Dhankuta.

"At first, the transmission line will be utilized to supply power to the venture designer and once the development is finished the same electrical cable will be utilized for provincial zap," said Sher Singh Bhat, delegate overseeing chief at NEA.

The venture designer has respected NEA's turn, saying the development of the transmission line will make the improvement of the task less demanding. "We require around 10-14MW power," said Hari Ram Subedi, habitation illustrative of SJVN. "So the transmission line would be of incredible use."

The undertaking has vowed to give 30 units of free power month to month to the venture influenced individuals. The undertaking will influence 203 houses in six VDCs of Sankhuwasabha, to be specific Makalu, Pathibhara, Pawakhola, Yafu, Num and Diding. SJVN will empty the force created by the venture through the Dhalkebar substation to Muzaffar-pur,India abandoning Nepal's offer of the yield.

As per IBN, Nepal will get Rs348 billion more than 25 years from the undertaking. SJVN will give 21.9 percent free vitality worth Rs155 billion and another Rs107 billion in eminence. More than 3,000 individuals are relied upon to land positions at the task.

According to the PDA, the undertaking engineer will apportion Rs1.6 billion worth of shares to local people, 50 percent of which will be issued inside two years of the beginning of the task. The rest will be given at a later date at a premium.

IBN and SJVN began PDA talks in 2013 after Nepal and India marked a MoU for the task's development in 2008.