Achche Din is here for Sikkim’s hydro power projects. Why I am saying this because the state’s Teesta III hydro power project is all set to be launched by none other than Prime Minister Narendra Modi.
Chamling invites PM Modi to visit Sikkim
The Chief Minister Pawan Chamling requested the Prime Minister to visit Sikkim and dedicate to the nation the 1200 MW Teesta Stage III Hydro Electric Project (HEP), all six units which are expected to be ready for commissioning by December 31, 2016. It is to be noted that Teesta III Hydro Electric Project, once completed, will be the second largest hydro project in the country and the largest hydro project constructed in India on a Public Private Partnership (PPP) mode so far.
Prime Minister Modi on his part confirmed that he would visit Sikkim for inaugurating the Teesta Stage III hydro project and informed that the dates of the visit will be finalized and communicated to Government of Sikkim soon.
Chamling also took the occasion to present a Memorandum to the Prime Minister. The Memorandum deals with issues related to hydro-power development in Sikkim. The Memorandum also requested the Central Government to finalize a hydro-policy for the country at the earliest, wherein hydro-power is declared as a renewable source of energy, at par with solar and wind energies.
About Teesta III Hydro Project
Teesta III is being implemented by Teesta Urja Ltd. The company is developing the 6×200 MW Teesta Stage-III Hydro Electric Power Project on Teesta River situated in North District of Sikkim.
This project is a part of overall development of Teesta basin being undertaken by Sikkim Government. The project is run of the river designed to generate 5,214 Million kWh (units). It is to be noted that Sikkim Government holds 51% equity in the project followed by Singapore-based Asia Genco Pte (37%) and PTC India (8%).