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The project will be constructed in five years at a cost of Rs 5,792 crore with a levelized tariff of Rs 4.99 per unit and will be developed on BOOT basis and on completion it will generate 2,901 million units of energy annually.
In addition to this, the company is also developing 217 kilometer long associated transmission network for power evacuation and export to India.
The company said that it is targeting for 5,000 MW projects in Nepal by 2030.
SJVN is an Indian public sector undertaking having business interests in hydro, thermal, solar, wind and in power transmission & power trading. It is a joint venture between the Government of India and the Government of Himachal Pradesh.
The power generation company's consolidated net profit surged 129.77% to Rs 17.21 crore on 55.93% jump in revenue from operations to Rs 503.77crore in Q4 FY23 over Q4 FY22.
The scrip rose 0.96% to Rs 35.91 on the BSE.
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