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SJVN signs MoU for development of Kholongchhu HPP in Bhutan

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Capital Market

On 23 April 2014

SJVN announced that a Memorandum of Understanding (MOU) has been signed between the Company and Druk Green Power Corporation (DGPC), Bhutan on 23 April 2014 for carrying out preconstruction activities for development of Kholongchhu Hydroelectric Power Project (600MW) till formation of joint venture Company in Bhutan.

The Project is situated on the Kholongchhu river in Trashiyangtse Dozongkhag, having total installed capacity of 600 MW and shall be implemented by setting up a JV Company (of SJVN & DGPC) in Bhutan which shall develop and operate the project on BOOT basis.

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First Published: Apr 26 2014 | 6:34 PM IST

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