Published On:September 27 2014
Story Viewed 994 Times
Construction phase of Indo-Bhutan JV Kholongchu hydro plant starts.
A tender has been floated for construction of 40 kilometres of approach road for the Rs. 4,000 crore Kholongchu hydroelectric plant in Bhutan, kicking off the construction phase of the project for which Prime Minister Narendra Modi laid the foundation stone in June.
The plant is being built under an agreement signed between India and Bhutan in April to develop four joint-venture hydro electricity projects with a total capacity of 2,120 MW. Of these, the 600 MW Kholongchu project will be developed first as a joint venture between SJVN Ltd. and Bhutan's Druk Green Power Corporation.
The two neighbouring countries are cooperating on building hydro electricity projects, which provide clean and low-cost electricity to India and generate export revenue for Bhutan. The Chukha, Tala and Kurichu projects with a combined capacity of 1,416 MW are already operational. Another three -- Punatsangchu I (1,200 MW), Punatsangchu II (1,020 MW) and Mangdechu (720 MW) -- are scheduled to be commissioned in 2017-18.
According to project officials, earthmoving for the road construction at the Kholongchu project site is expected to begin by December, after completion of tender-related formalities and selection of the qualifying bidder.