thermal power development - Infraline

Central electricity authority Annual Report 2009-10
28.9.2006 of cost for providing external
security with the mention that decision
regarding this would be required to be taken
by CCEA.
iii) The project has been accorded Environment
Clearance on 24.10.2008.
iv) The Forest and Environment Department,
Govt. of Manipur has submitted the revised
proposal for diversion of forest land to
MoEF, Govt. of India on 23.03.09. The
revised proposal for diversion of forest land
has been processed by the Department of
Forest, Govt. of Mizoram and the same is
expected to forward its recommendation to
MoEF, Govt. of India shortly.
v) Formation of Joint Venture: As per MoP
letter dated 06.07.09, the implementation of
the project would be done through a Joint
Venture among NHPC (69%), SJVNL (26%)
and Govt. of Manipur (5%). Formation of
Joint Venture is in progress.
11.4.4 Dibang Multipurpose Project-
(12x250 = 3000MW) – Arunachal
Pradesh
Dibang Multipurpose Project located on
Dibang River in Lower Dibang Valley district of
Arunachal Pradesh has been conceived to provide
flood moderation benefits to the downstream
areas of the project besides power generation.
The scheme envisages an installed capacity of
3000 MW.
As per decision taken in a meeting held
in July, 2006 between Hon’ble Chief Minister
of Arunachal Pradesh and Hon’ble Minister of
Power, an MoU for execution of the project as
a joint venture was signed between NHPC and
Govt. of Arunachal Pradesh on 21.09.2006.
Later, an MoA was signed on 24 th June, 2007
between Govt. of Arunachal Pradesh and
NHPC for execution of the project by NHPC on
ownership basis without any equity participation
by the State Govt.
CEA accorded concurrence to the project
on 23.1.2008. The estimated present day cost
of the project at November, 2007 price level
including IDC and FC without provision for
external roads and bridges is Rs.15886.39
crores and with external roads and bridges is
Rs. 16425.65 crores.
The project was considered at PIB meeting
held on 28.1.2008. As per minutes of meeting
circulated by MoP on 27.2.2008, the project was
recommended for posing to CCEA for approval
of Rs.15886.39 crores without provision of cost
component for external roads and bridges subject
to following conditions.
1) Possibility of funding through external debt
and subordinate debt may also be explored
to reduce the cost of the project.
2) The cost of external roads, bridges and
providing flood moderation benefits should
not be loaded to the project cost.
3) The construction period of 9 years needs
to be compressed so that the benefits from
the project could accrue much earlier,
thereby resulting in reduction in IDC and
FC charges.
4) The difference between base cost and
completion cost of the project seems to be
on higher side as compared to other Hydro
Projects, which needs to be examined
further.
The PIB suggested that a committee should
be set up to address the above issues and finalise
report which would be taken into consideration
while preparing the Note for CCEA. Meanwhile,
environment, forest and other statutory clearances
for the project may also be obtained to facilitate
posing of the project to CCEA for Investment
Approval.
"Energy Saved is Energy Generated"
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