Centre approves Rs 2,614 crore for 382 MW Sunni Dam Hydro Project in Himachal Pradesh

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The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi has approved of Rs 2,614 crore for the 382 MW Sunni Dam Hydro Electric Project in Himachal Pradesh.

The Run of River project being executed on Satluj river in Shimla and Mandi districts of Himachal Pradesh will have 71-meter-high concrete gravity Dam and six generating units in its surface Power House.

The project shall generate 1382 million units annually and the

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levelized tariff of electricity generated will be R 3.90 per unit. The project is scheduled to be commissioned within 63 months of the commencement of construction works. The project is being financed on a 70:30 debt Equity ratio and on completion it will earn 16.50% return on equity for SJVN.