PTC and SJVN Join Hands for Sale of Power
Power Trading Corporation of India Limited, (PTC) and Hydroelectric power generation company, SJVN have signed a pact for the sale of electricity from two hydel power projects. PTC has entered into the Memorandum of Understanding (MoU) with SJVN Arun-3 Power Development Company Private Limited (SAPDC), a wholly-owned subsidiary of state-owned SJVN.
As per information, SAPDC is setting up two hydroelectric projects -- 900 MW Arun-3 and 669 MW Lower Arun -- in Sankhuwasabha, Nepal. Commercial operation of 900 MW Arun-3 is scheduled to commence in the year 2023-24, and that of 669 MW Lower Arun hydroelectric project is scheduled to commence in the year 2027-28.
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