
Power projects with Rs 1 lakh crore investment underway in Arunachal Pradesh: CM Pema Khandu
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
Multiple hydro-power projects with an investment of over Rs one lakh crore are underway in Arunachal Pradesh to produce 18,000 MW of power, Chief Minister Pema Khandu has said.Five of these projects of 2,620 MW have been allocated by the state government to the North Eastern Electric Power Corporation Ltd ( NEEPCO ), five projects of 5,097 MW to Satluj Jal Vidyut Nigam Ltd SJVN ) and two projects with a capacity of 3,800 MW to the National Hydroelectric Power Corporation ( NHPC )."As of now, on the ground, the work for generating a total of 18000 MW of hydro-power is on. In the coming days, we will add more projects. All these projects involved more than Rs 1 lakh crore investment," Khandu told PTI in an interview.He said these projects were earlier allotted to private sector developers but remained non-starters due to various reasons. The Arunachal Pradesh government, therefore, decided to rope in central hydro PSUs to give a push to the languishing projects."These projects remained on paper only as the developers did not take an initiative."After I became the chief minister, I reviewed all the projects and cancelled them. I have conveyed to the central government that a hydro power project means big investment. Private companies are not in a position to execute them. Only the government of India should take the initiative," he said.The chief minister said the state government held a meeting with the prime minister and, after that, zeroed in on central PSUs - NHPC, NEEPCO and SJVN - and signed agreements basin-wise.He said wherever there were immediate doable projects, the state government signed the MoUs for the development of 13000 MWs last year."Besides these, there are some ongoing projects like the Lower Subansiri hydro-electric project of 2000 MW. It will start generating power from next year."There is one more project which is even bigger than the Lower Subansiri -- that will produce 2880 MW power. Work on this project has also started," he said.Once operational, the Lower Subansiri hydro-power project will be the biggest hydropower plant of India.After that, the proposed 2880 MW Dibang multipurpose hydroelectric project is expected to be commissioned in 2032. It will also have the tallest dam in India with a height of about 288 metres.There are five major river basins in Arunachal Pradesh - Kameng, Subansiri, Siang, Dibang and Lohit.As per comprehensive studies carried out by the government, the hydro power potential of Arunachal Pradesh is assessed to be around 67,000 MW. However, this huge potential is yet to be realised.Besides the major river systems, the state is also blessed with numerous small to medium-sized rivers with favourable hydropower development parameters like available head and ample perennial discharge, like the Tawang Chu, Nyamjangchu, Panyor, Sissiri, Kamle, Dihing, etc.The state is crisscrossed by small rivulets, which are perennial in nature and provide ideal conditions for developing projects in the category of micro and mini and small hydro-power projects.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


New Indian Express
14 minutes ago
- New Indian Express
Kerala state finance dept warns PSEs over audit delays, threatens to withhold grants
THIRUVANANTHAPURAM: The finance department has asked public sector enterprises (PSEs) under the state government to finalise their accounts in a time-bound manner. A circular by Additional Chief Secretary (Finance) K R Jyothilal warned of withholding future grants to organisations failing to do so. It directed secretaries of administrative departments to ensure the direction is followed by the PSEs under their control. The circular cited the CAG's observations in the State Finances Audit Report 2022-23 that had flagged the issue. The report, tabled in the assembly this March, had pointed out that 24 autonomous bodies had not submitted annual accounts to the CAG and 79 accounts were pending for one to 10 years. The CAG report had said only 16 of 131 PSEs submitted accounts for audit. This constituted 12.21% of the total PSEs under CAG's audit jurisdiction. The circular asked all PSUs as well as autonomous bodies to ensure their accounts are up to date and 50% of the pending audit paras/annual accounts should be reduced/completed within September 30. 'Any lapse will be viewed seriously, the finance officers concerned will be held responsible and will lead to denial of further access to government grants and funds,' it said.


Hans India
14 minutes ago
- Hans India
Benchmark indices slip into red amid selling in IT shares
Mumbai: Benchmark stock indices Sensex and Nifty settled lower on Thursday following selling in IT and banking shares and investors remaining in a wait-and-watch mode ahead of the outcome of the US-India trade talks. The 30-share BSE Sensex dropped 375.24 points or 0.45 per cent to settle at 82,259.24. During the day, it fell by 415.21 points or 0.50 per cent to 82,219.27. The 50-share NSE Nifty closed lower by 100.60 points or 0.40 per cent to 25,111.45. Fresh foreign fund outflows and subdued quarterly earnings dented investors' sentiment, experts said. Among Sensex firms, Tech Mahindra declined nearly 3 per cent after its June quarter earnings failed to cheer investors. IT services firm Tech Mahindra reported a nearly 34 per cent year-on-year increase in consolidated net profit to Rs 1,140.6 crore for the quarter ending June 30, 2025, on the back of growth in communications and financial services verticals. Infosys, HCL Tech, Eternal, Larsen & Toubro, Tata Consultancy Services and Axis Bank were also among the laggards. However, Tata Steel, Trent, Titan and Tata Motors were among the gainers. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,858.15 crore on Wednesday, according to exchange data. 'Indian equity benchmarks ended marginally lower as investors exercised caution amid subdued Q1 earnings announcements, particularly in the technology and banking sectors. Market participants remained sidelined due to elevated valuations of large-cap stocks and FII outflows owing to the uncertainty regarding US-India trade deal; however, any positive developments could amplify market sentiment,' Vinod Nair, Head of Research, Geojit Investments Limited, said. The BSE smallcap gauge climbed 0.30 per cent and midcap index went up by 0.07 per cent. Among BSE sectoral indices, BSE Focused IT tanked 1.47 per cent, followed by IT (1.33 per cent), teck (1.06 per cent), bankex (0.51 per cent) and utilities (0.25 per cent). Realty jumped 1.22 per cent, metal climbed 0.62 per cent, commodities (0.42 per cent), healthcare (0.28 per cent) and consumer discretionary (0.25 per cent). 'Markets largely remained in the negative zone amid uncertainty over the impending announcement of the India-US tariff outcome, as investors resorted to selling in banking, IT and oil & gas shares that led the downfall in key benchmarks. Once the deal is announced and if it suits the interests of both the countries, there will be a relief in the markets and we may see short-term spurt, else the sluggish to pessimist mood could continue. 'Also, the ongoing earnings season will have a bearing on the markets, and investors would take positions based on how the results pan out going ahead,' Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.


Hans India
14 minutes ago
- Hans India
Heritage Foods posts Rs 40.54 cr net in Q1
Hyderabad: Heritage Foods tumbled 4.19 per cent to Rs 458.40 after its consolidated net profit slipped 30.60 per cent to Rs 40.54 crore in Q1 FY26 as against Rs 58.42 crore in Q1 FY25. However, revenue from operations jumped 10.08 per cent yoy to Rs 1,136.8 crore in Q1 FY26. Profit before tax was at Rs 54.94 crore in the first quarter of FY25, down of 29.95 per cent as against Rs 77.77 crore posted in Q1 jumped 21 per cent YoY to Rs 73.90 crore, while EBITDA margin to 6.5 per cent during the quarter under review. Total expenses jumped 13.23 per cent YoY to Rs 1,085.8 crore in Q1 FY26 as compared with Rs 958.90 crore in Q1 FY25. Cost of materials consumed was at Rs 807.25 crore (up 9.86 per cent YoY) while employee benefits expenses stood at Rs 84.16 crore (up 11.79 per cent YoY) during the quarter. On the segmental front, revenue from dairy was at Rs 1,118.8 crore (up 9.75 per cent YoY), feed revenue was at Rs 53.25 crore (up 26.21 per cent YoY), and revenue from renewable energy stood at Rs 2.88 crore (up 20.50 per cent YoY) during the quarter.