In India, an MoU has been signed between NHPC Limited, the Government of Manipur, and SJVN Limited regarding the formation of a joint venture company for the implementation of the 1500 MW Tipaimukh Hydroelectric Project in Manipur, according to a statement issued by NHPC’s Deputy Manager Ksh Joykumar Singh.
NHPC will hold 69 per cent of the joint venture, SJVN 26 per cent, and the Government of Manipur 5 per cent.
The Tipaimukh project will be located in the Churachandpur district of Manipur. The project is conceived as a multipurpose storage project with the main objective of hydropower generation along with agricultural assistance for the downstream region.
The plant would generate an estimated 3800 GWh per year, and the likely completion period is 7.5 years from CCEA clearance.