Five NHPC power projects facing cost over-runs: report

Five power projects of National Hydroelectric Power Corporation (NHPC) are facing cost over-runs due to delays in receiving environment and other regulatory clearances.. . "Project cost of five of our projects has gone up tremendously and all this is due to environment hurdles, local opposition and contractual issues," an official from the state-run company told PTI on Tuesday.. . The expenditure on the projects - Teesta Low Dam IV (West Bengal), Subansiri Lower (Assam), Parbati II (Himachal Pradesh), Nimmo Bazgo and Uri II (Jammu & Kashmir) - in various stages of construction, has exceeded the amount that was initially sanctioned.. . These projects have a combined capacity of 3,345 MW.. . "In some cases like Subansiri (2,000 MW), the cost of the project may be nearly doubled by the time it is commissioned," the official said.. . The original sanctioned cost of the plant was Rs 6,285.33 crore, which was revised to Rs 10,667.09 crore.. . At present, the cost is likely to touch Rs 12,000 crore, the official added.. . The Subansiri Lower project has been stalled since December 2011, after the local people raised issues related to its safety and downstream impact.. . "We are hopeful that the construction work on the project would start again next month.". . The original cost of the state-run company's Parbati II (800 MW) project in Himachal Pradesh, which is marred by contractual issues, was Rs 3,919.59 crore and the revised expenditure stands at Rs 5,365.70 crore.. . Work on the Parbati project was stalled due to differences with the civil contractor. At present, the project is under execution.. . The cost of the company's two hydroelectric plants in J&K - Uri II (240 MW) and Nimmo Bazgo (45 MW) - has been revised from Rs 1,724.79 crore and Rs 611.01 crore to Rs 2,080.82 crore and Rs 936.10 crore, respectively.. . NHPC's Teesta Low Dam Project IV (160 MW) in West Bengal was sanctioned an amount of Rs 1,061.38 crore which got revised to Rs 1,501.75 crore.. . At present, NHPC generates 5,702 MW of electricity from 17 hydroelectric stations in the country. It is also constructing 4,095 MW worth of projects.

Five NHPC power projects facing cost over-runs: report

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