SJVN bags 2.4-GW pumped storage project in Mizoram, India
This has an estimated cost of $1.68b.
SJVN has received a letter of intent for allotment of the 2,400-megawatt (MW) Darzo Lui Pumped Storage Project from the Government of Mizoram.
In a bourse filing, SJVN said the storage facility, which will be the first project of the company in Mizoram, will be located across Darzo Nallah, a tributary of Tuipui river. It will be an on-stream closed loop type pumped storage project, comprising eight units of 300 MW each, with estimated cost upon completion of $1.68b (INR13,947.50 crores).
“The annual energy generation with 95% plant availability shall be 4,993.20 MU [million units]. The annual input energy required for pumping water to upper reservoir has been estimated to be 6,331.66 MU with 95% plant availability,” the company explained.
SJVN said the agreement will be signed within three months. The company eyes to complete the project within 72 months.
$1 = INR82.75
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