Learn bits
World Affairs, Economy
Mahesh

30/05/23 07:05 AM IST

India secures approval for second hydropower project in Nepal

In News
  • Nepal has decided to allow India’s Satluj Jal Vidyut Nigam (SJVN) Limited to develop a second hydropower project in the country.
Arun- IIII Project
  • The investment will be done by state-owned Sutlej Jal Vikas Nigam (SJVN) which has been carrying out the construction work at the plant.
  • The power from the project will be exported from Dhalkebar in Nepal to Muzaffarpur in India. This will not only provide surplus power to India but also strengthen the economic linkages with Nepal.
  • The Arun-3 Hydro Electric project (900 MW) is a run-of-river located on Arun River in Eastern Nepal.
  • A Memorandum of understanding (MoU) was signed between Government of Nepal and SJVN Limited for the project in 2008 for execution on Build Own Operate and Transfer (BOOT) basis for a period of 30 years including five years of construction period.
Run-of the river project
  • Run-of-the-river hydroelectric projects are hydroelectric systems that harvest the energy from flowing water to generate electricity.
  • The primary difference between this type of hydroelectric generation compared to others is that run-of-the-river primarily uses the natural flow rate of water to generate power—instead of the power of water falling from a height.
  • These are less expensive to build and can be built over a shorter period of time.
  • They have a smaller environmental footprint when compared to dams with large amounts of water storage.
Source- Indian Express

More Related Current Affairs View All

18 Oct

New ‘click-to-cancel’ rule in US

'The United States’ Federal Trade Commission (FTC) will soon implement a “click-to-cancel” rule, which will make it significantly easier for consumers to cancel t

Read More

18 Oct

Paddy variety PR-126

'Eight years after it was introduced in 2016, the widely cultivated short-duration paddy variety PR-126 finds itself at the centre of controversy in Punjab.' Citing lower out-tu

Read More

17 Oct

Global Hunger Index 2024

'The Global Hunger Index for 2024 states that a ‘serious’ level of hunger is prevalent in India. It ranks India 105th among 127 countries, giving it a score of 27.3.'

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps