HYDRO: NHPC+OHPC JV

NHPC-OHPC JV to implement three hydro projects of 300 MW

The Orissa Hydro Power Corporation (OHPC) and NHPC, which had forged a joint venture for taking up 12 hydro projects in the state, will undertake three hydro projects with a cumulative capacity of 300 MW in the first phase.

These are located on Mahanadi river and they included Sindol-I with a capacity of 90 MW at Deogaon; 90 MW Sindol-II at Kapasira in Sonepur district and the 120 MW Sindol-III at Godhaneswar, aslo in Sonepur district.

Initially, 12 hydel projects were identified for development on the joint venture mode. However, the number can increase or decrease after close examination during the preparation of the Detailed Project Report (DPR).

The identified locations are middle Kolab, Tel integrated project, lower Bansadhara, Balijori Hydel Project, Salki Hydel Project, Khadago Dam Project, Uttei Roul Integrated Project, Mahanadi-Brahmani River Link, Baramul Hydel Project, Sindol-I, Sindol-II and Sindol-III projects

The proposed joint venture company will have 30:70 equity and debt component with NHPC holding 51 per cent equity and OHPC the remaining 49 per cent. The state government had sought 100 per cent power from these hydel projects but the final decision in this regard will be taken by the Union ministry of power.