Four CPSUs taking over many hydro projects in Arunachal Pradesh

In a significant development, several large hydropower projects in Arunachal Pradesh, which previously witnessed unsatisfactory progress under private developers, are now being transferred to (CPSUs) operating in the hydropower sector.
Four CPSUs taking over many hydro projects in Arunachal Pradesh

 OUR CORRESPONDENT

ITANAGAR: In a significant development, several large hydropower projects in Arunachal Pradesh, which previously witnessed unsatisfactory progress under private developers, are now being transferred to Central Public Sector Undertakings (CPSUs) operating in the hydropower sector. This conscious effort, initiated by the state government, aims to ensure the successful development of these projects. Four CPSUs have been identified for the purpose, namely NEEPCO, NHPC, SJVN, and THDC India Ltd. The transfer process has been carefully designed in consultation with various stakeholders, including the Centre, and is set to culminate with the signing of memoranda of agreement (MoAs) between the state government and the CPSUs. To expedite and facilitate the smooth transfer of these projects, Deputy Chief Minister Chowna Mein, accompanied by Hari Krishna Paliwal, Advisor to the State Government, held a meeting with Union Power Minister Raj Kumar Singh on Wednesday in New Delhi, an official communiqué informed here on Thursday.

The progress made in various steps leading to the transfer was discussed during the meeting. The Power Minister was duly informed about the headway achieved by the state government in this regard. Furthermore, certain issues that required the attention of the minister were also addressed during the meeting. Singh promptly took action on the matters and commended the efforts made by the state government in the overall development of hydropower in the state, particularly in the transfer of large projects to CPSUs. Expressing his appreciation, Singh said that these projects have the potential to revolutionize the economic well-being of the people in the state. He assured the government that it would visit the state next month to personally witness the transfer of these projects to CPSUs through the signing of MoAs.

The strategic move by the state government, supported by the Centre, marks a significant milestone in the pursuit of hydropower development in the region. It is expected to have lasting positive impacts on the economy and the lives of the people in the state, an official communiqué said here.

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