Kolkata, 4 October 2023: Texmaco-SSFMPL JV, a collaborative effort led by Texmaco, has recently secured a substantial contract (Package C-5) with Satluj Jal Vidyut Nigam (SJVN) Arun-3 Power Development Company Limited (SAPDC) for the construction of the Arun-3 hydroelectric power plant, a remarkable 900MW run-of-the-river hydropower project presently under development in Nepal.
The Texmaco-SSFMPL JV, entrusted with an order valued at Rs 179.89 crore from SJVN Arun-3 Power Development Company Limited, is poised to play a pivotal role in advancing this crucial project. The scope of work encompasses an array of responsibilities, including procurement, fabrication, shop assembly, painting, testing, transportation, supply, erection, site testing, and commissioning of the Pressure Shaft Steel Liner. This significant task involves the installation of two lanes of Pressure Shaft Steel Liner with a substantial diameter of 5500mm, two bifurcations, four branches with a diameter of 4000mm each, along with all necessary accessories. The total estimated tonnage for this undertaking stands at a formidable 4700 metric tonnes.
The Arun-3 hydroelectric power plant, administered under the build, own, operate, and transfer (BOOT) model, is a collaborative endeavour between India's SJVN and the Government of Nepal. SAPDC, a wholly owned subsidiary of SJVN, will oversee the plant's operation for a period of 25 years, which excludes the initial five-year construction phase. Following this operational phase, ownership of the power plant will be transferred to the Nepal government.
One of the most salient features of this agreement is the substantial benefit it bestows upon Nepal. Over the initial 25 years of commercial operations, Nepal will receive 21.9% of the electricity generated by the Arun-3 power plant as free power. This underscores the exemplary cooperation between India and Nepal in harnessing the potential of renewable energy resources and reaffirms their commitment to strengthening bilateral relations.
On the joint venture, Sudipta Mukherjee, Deputy Managing Director, Texmaco Rail & Engineering Ltd, expressed, "Texmaco-SSFMPL JV is honoured to be entrusted with the responsibility of contributing to the Arun-3 hydroelectric power plant project in Nepal. We are committed to delivering excellence in every aspect of our work and in advancing renewable energy solutions. This venture exemplifies our dedication to sustainable progress."
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