| Tipaimukh dam project going as planned |
| NHPC, India's largest hydro power producer, yesterday said that 1,500MW Tipaimukh Dam Project in Manipur was going ahead, despite objections from neighbouring Bangladesh, reports The Assam Tribune. "The Tipaimukh Project with an estimated cost of Rs 8,139 crore at September, 2008 price level would annually generate 3806 million units of power and is scheduled to be completed in a period of 87 months from the CCEA approval date," NHPC CMD S K Garg told reporters at the company's annual press conference in New Delhi, the Assam Tribune reported. He further said that a MoU has been signed amongst NHPC, SJVN Limited and Government of Manipur for formation of a joint venture company for implementation of the 1500 MW Tipaimukh Hydroelectric (Multipurpose) Project in Manipur. NHPC, SJVNL and Government of Manipur shall have a share holding of 69 per cent, 26 per cent and 5 per cent respectively. Regarding the objection to this project by Bangladesh, the NHPC CMD Garg said, "I have nothing to say. Our duty is only execution of this project." Incorporated as a joint venture company, Loktak Downstream Hydroelectric Corporation Limited will execute the 66 MW Loktak Downstream Project in Manipur with a share holding of 74 per cent by NHPC and 26 per cent by Government of Manipur. NHPC has also signed agreements for preparation of DPRs of Chamkharchhu-I (670 MW) and Kuri-Gongri (1800 MW) HE Projects in Bhutan with the Royal Government of Bhutan. |
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