Silchar, June 17 : The National Thermal Power Corporation (NTPC) will install a mega hydel-power plant between Lawngtlai and Saiha districts in Mizoram.
Senior officials in the state’s power department, who are in touch with the NTPC top brass in New Delhi, said the state government had signed an MoU with the NTPC a few months ago regarding the project.
The power project is expected to generate 460MW of hydel power.
Officials said Jairam Ramesh, the former Union minister of state for power, was instrumental in pushing this project in Mizoram.
Sources said the NTPC would require Rs 3,000 crore to set up this power plant, which would be one of the biggest in the Northeast.
The MoU between the NTPC and the Mizoram government states that the corporation would supply 13 per cent of free power from its total output at the plant.
The NTPC had approached the Power Finance Corporation (PFC) and the JBIC, an investment bank in Japan, apart from other domestic and overseas funding forums for bankrolling this hydel project.
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