Published On:November 7 2014
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NHPC prepared to wait for amicable resumption of stalled 2000MW Lower Subansiri hydro power project.
Despite incurring substantial losses of working period and revenue, NHPC Limited is prepared to wait and work out consensus before resumption of stalled 2000 MW Lower Subansiri hydro power project along Assam-Arunachal Pradesh border.
The project is stalled since 2011 following massive protest from the anti dam groups.
Chairman & Managing Director, NHPC Limited, R.S.T. Sai who was in Guwahati told ET, 'Initially there was negativity regarding the project however now positive elements are growing. We need to increase the positive element further.'
Sai added, 'We do not want to do the project using state force rather we want to evolve consensus. We have relocated certain set of people from the project site for the overall benefit of the project.'
NHPC will spend close to Rs. 150 Crore for embankment building in 30 km long stretch area near the project and will pump in another Rs. 320 Crore in various livelihood development activities.