NHPC may develop Myanmar projects | business | Hindustan Times
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NHPC may develop Myanmar projects

business Updated: Mar 26, 2009 23:27 IST
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The country’s largest hydro power producer, NHPC Ltd, may get to develop Rs 25,000 crore of hydel power projects in Myanmar — the 1,200 megawatt (mw) Tamanti and 640 mw Shwezaye hydro power projects.

“The government of Myanmar is very keen on the execution of these two hydel power projects by NHPC,” said SK Garg, chairman and managing director, NHPC.

However, as both the projects are in tough geographic terrains, a power ministry official said the tariff of power from these projects would be very high and is expected anywhere close to Rs 10 a unit. “As India will be the main beneficiary of power from these two projects, we need to weigh all the pros and cons before deciding to take up the implementation of these projects,” he added.

Garg agreed that the cost would be quiet high but said some more survey and investigations have to be carried out to come to any firm conclusion.

“We are in talks with the government for sanctioning around Rs 40 crore to carry out additional studies to arrive at a firm cost analysis. The ultimate decision on whether or not to implement the two projects vests with the government.”

Power ministry officials said any decision in this regard will now be taken only after the new government assumes charge.

Alongside, the government of Bhutan is also keen that NHPC does a 720 mega watt—Mangnechu hydro power project for them. NHPC has already submitted a detailed project report (DPR) to the government of Bhutan for this project.

In addition, NHPC is also carrying out the DPRs for two other hydro power projects in Bhutan including the 1,800 mw Kuri-Gongori and 670 mw Chamkarechu-I project.