SJVN signs a contractual agreement for the electromechanical works of the 66 MW Dhaulasidh project.
February 11, 2022
SJVN has entered into a contractual agreement for the electromechanical works of the 66 MW Dhaulasidh Hydropower Project, Himachal Pradesh with M/s Voith Hydro (P) Ltd.
The contractual agreement was signed in the august presence of Sh Nand Lal Sharma, Chairman and Managing Director, by Chief Managing Director (ECD) SJVN Sh SK Sood and M/s Voith VP Sh Raj Vidyarthi.
On this occasion Mrs. Geeta Kapur Director (Personnel), Shri SP Bansal Director (Civil), Shri Akhileshwar Singh Director (Finance), Sh Sushil Sharma, Director (Electricity) Shri Sanjiv Kumar, CFO (M/sVoith Hydro (P) Ltd) and senior executives from SJVN & M/s Voith were also present.
Ch. Nand Lal Sharma informed that the electro-mechanical works amounting to Rs. 136.64 crore has been awarded to M/s Voith Hydro Pvt. ltd. The civil and hydromechanical works of the project have already been awarded on 06and May 2021. The cConstruction activities in various civilian components of the Project are in full swing.
Shri Sharma said the foundation stone for the 66 MW Dhaulasidh hydropower project was laid by Indian Prime Minister Shri Narendra Modi on 27and December 2021. Government of India has already approved the project cost of Rs 687.97 crore and has also given budget support of Rs 21.6 crore for this project. The project is expected to be completed in May 2025. “With this contract signing, the fabrication works of electromechanical components for Dhaulasidh HEP will commence. This will facilitate the acceleration of project activities and the achievement of the target of completing the project ahead of schedule.”
Talking about the main features of the project, Shri Sharma informed that the project involves the construction of a 70 meter high concrete storage dam. Two units of 33 MW each with vertical Francis turbine will be assembled in the Dam Toe surface power plant. The project will generate 304 million units in 90% reliable year. When completed, the project would result in an annual reduction of 2.4 lakh tonnes of carbon dioxide in the environment. He added that this project would result in the creation of 8 Lakh man-days of employment.
Currently, SJVN has a portfolio of over 16,400 MW and executes several hydro, thermal and solar projects in India, Nepal and Bhutan. The company has also branched out into other areas of power transmission and power trading. SJVN is marching vigorously towards achieving the vision of an installed capacity of 5,000 MW by 2023, 25,000 MW by 2030 and 50,000 MW by 2040.