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Investment approval for 382 MW Sunni Dam Hydro Electric Project in Himachal Pradesh by SJVN

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The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi on 4 January approved the investment for 382 MW Sunni Dam Hydro Electric Project in Himachal Pradesh by SJVN Limited, for an estimated cost of Rs. 2614.51 crore including Rs. 13.80 crore as budgetary support from Government of India for cost of enabling infrastructure.

Ex-post facto approval is given for cumulative expenditure incurred amounting to Rs.246 crore till January, 2022.Keeping in view the aims and objectives of Atmanirbhar Bharat Abhiyan, the present proposal for setting up of 382 MW Sunni Dam HEP by SJVN shall provide various benefits to local suppliers/ local enterprises/ MSMEs and shall encourage entrepreneurship opportunities within the country besides promoting employment and socio-economic development of the region.