State-owned hydropower giant NHPC Ltd will develop Dibang Power Project with an initial investment of Rs 1600 crore in Arunachal Pradesh. This is India’s largest hydro-electric project. The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi approved the expenditure on pre-investment activities and various clearances for the project.
According to reports, the projected cost is Rs 28,080.35 crore, and the estimated completion period for the project is 9 years from the receipt of government sanction.
‘The project shall generate 2880 MW (12x240MW) power to produce 11223 MU of energy in a 90 percent dependable year. This is the largest ever hydro electric project to be constructed in India. The dam is 278 meters high and will be the highest dam in India once completed.’
The project is located on river Dibang, in lower Dibang Valley district. On completion, the Government of Arunachal Pradesh will get 12% free power from the project. One percent free power will be given in Local Area Development Fund (LADF). The total value of benefit to Arunachal Pradesh from Free power and contribution to LADF will be Rs 26,785 crore over the project life of forty years.