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    Satluj Jal Vidyut Nigam (SJVN) to Invest USD632.5 Million for Arun IV Hydro Power Project in Nepal


    May 17, 2022 - Marketline - Deals

     

      Deal In Brief

      Satluj Jal Vidyut Nigam Ltd., (SJVN), a hydroelectric power generation and transmission company, has agreed to invest INR49000 million in construction and development of Arun IV hydropower project situated in Nepal. The total installed capacity of the power plant will be 490 MW. The investment per MW will be USD1.2 million

      A Memorandum of Understanding (MoU) for the development of the Arun IV hydro electric project has been signed in Lumbini, Nepal in the presence of Prime Minister Narendra Modi and Prime Minister of Nepal Sher Bahadur Deuba.

      Deal Value (US$ Million) 632.59
      Deal Type Acquisition
      Sub-Category Asset Purchase
      Deal Status Announced: 2022-05-16

      Deal Participants

      Deal Rationale

      (Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.)

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