thermal power development - Infraline

Central electricity authority Annual Report 2009-10
11.6 Status of Various Hydro Power
Projects in North-eastern Region
11.6.1 Central Sector Projects
A) Sanctioned Projects
i) Tuirial HEP (2x30 = 60 MW), Mizoram,
NEEPCO
The project was approved in July, 1998 at
an estimated cost of Rs.368.72 crores with likely
completion by 2006-07. This project was under
execution with loan assistance from JBIC and
presently under hold due to poor law & order
conditions and agitation by claimants of crop
compensation.
Continuation or otherwise of the project
is being reviewed due to increase in the project
cost and resumption of work is dependent
upon viability of the project, which is under
consideration of the Govt. of India. The project
cost is financed substantially under loan assistance
of 11,695 Million Japanese Yen from Japan Bank
of International Co-operation (JBIC).
CEA on 3.11.05 informed MoP that the
present day cost of the project at October 2004
price level is likely to be Rs. 687.80 crores
(including IDC of Rs. 40.05 crores and financing
charges Rs. 0.16 crores). The first year tariff at
this cost comes to Rs. 3.69/kwh and with this
high cost/tariff, project appears to be unviable.
The Revised Cost Estimates have been
vetted by CEA a number of times and lastly,
CEA vide letter dated 27.8.09 approved the total
hard cost of Rs. 836.14 Cr (civil works-699.47
Cr. + E&M works-136.67 Cr.) at June, 2009
Price Level subject to certain observations and
informed the same to MoP.
Subsequently, PIB meeting was held on
19.03.10 for considering revival of Tuirial H.E
project. As per minutes of meeting, NEEPCO
has to update the cost estimates of the project at
March 2010 Price Level.
ii) Loktak Down Stream (66 MW),
Manipur, NHPC
The project, to be executed by NHPC,
was cleared by CCEA for an Installed Capacity
of (3x30=90 MW) on 31.12.1999 at an estimated
cost of Rs.78.62 crores including IDC of
Rs.46.95 crores (April 1999 price level). The
Environmental Clearance was granted by MoEF
on 4.2.99 and Forest Clearance on 3.1.97.
The project is now proposed to be
executed by a Joint Venture between NHPC and
Government of Manipur with revised capacity
of 66 MW. CEA accorded concurrence on
15.11.2006 to the revised proposal with reduced
capacity of 66MW.
The MoU and Promoters’ Agreement for
implementation of the project on joint venture
basis were signed by Govt. of Manipur with
NHPC on 14.9.2007 and 26.9.2008 respectively.
The “Loktak Downstream Hydroelectric
Corporation Limited” has also been incorporated
on 23.10.2009.
NHPC vide their letter dated 16.02.2010
requested CEA for transfer of TEC in favour of
newly formed Joint Venture Company(JVC) viz.
Loktak Downstream Hydroelectric Corporation
Limited. CEA vide its communication dated
11.03.2010 informed NHPC that a request
of transfer of TEC has to be made by the new
agency i.e Loktak Downstream Hydroelectric
Corporation Limited. Request from the JVC is
awaited.
Ministry of DoNER vide their letter dated
24.11.2008 have accorded administrative and
financial approval for central financial assistance
form Non-Lapsable Central Pool of Resources
(NLCPR) to the Govt. of Manipur towards the
Barrage component of the project amounting to
Rs. 9862.80 lakhs which is 90% of the barrage
"CEA-Helping the Transformation of Indian Power Sector"
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