Kundan Green Energy gets 21 MW hydropower project in Sikkim
The Rellichu hydropower project will generate 21 MW of power and add very substantially to Sikkim's energy and developmental agenda.
![Kundan Green Energy gets 21 MW hydropower project in Sikkim](https://cdn.zeebiz.com/sites/default/files/2024/03/05/283046-screenshot-2024-03-05-132656.png?im=FitAndFill=(1200,900))
Kundan Green Energy on Tuesday said it has secured a contract from the Sikkim government to set up a hydropower project of 21 MW at Rellichu. The company aims to complete the project by 2026, Kundan Green Energy said in a statement.
The Rellichu hydropower project will generate 21 MW of power and add very substantially to Sikkim's energy and developmental agenda. The project will take the combined hydropower capacities of Kundan Green Energy to 125 MW from the present 104 MW.
Udit Garg, Director, Kundan Green Energy said, "The Northeast accounts for 40 per cent of India's hydropower potential. Of this, Sikkim's hydropower potential is assessed at 8,000 MW peak with a firm base of 3,000 MW. With as many as 29 approved hydropower projects in various stages of development, and a 55 MW small hydropower installed capacity, Sikkim has vast potential to generate hydroelectricity." The company did not provide any financial details of the project.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
![https://www.zeebiz.com/markets/stocks/photo-gallery-this-tata-group-stock-turned-every-rs-10000-of-investment-into-rs-11300-in-just-a-week-investors-richer-by-42722-crore-rupees-any-guesses-share-market-news-304023](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307143-tradingpexels.jpg?itok=rw4R7EfH)
A Tata group stock just turned every Rs 10,000 of investment into Rs 11,300 in just a week, investors richer by Rs 42,722 crore; any guesses?
![https://www.zeebiz.com/markets/stocks/photo-gallery-large-cap-midcap-stocks-shares-to-buy-for-long-term-check-out-targets-nifty-sensex-303617](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/25/306716-stockks.jpg?itok=KJTrFUIK)
Stocks to buy for long term: Analysts suggest buying these 5 largecap, 4 midcap scrips; check out targets
![https://www.zeebiz.com/personal-finance/photo-gallery-nps-retirement-planning-budget-2024-nirmala-sitharaman-announcement-how-nps-rulebook-change-can-increase-corpus-income-and-monthly-pension-by-40-compound-return-303984](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307102-indian-currency-pixabay-take.jpg?itok=kN21EW-9)
How your NPS retirement corpus and monthly pension can jump by 40% after this rule change; get details
![https://www.zeebiz.com/personal-finance/photo-gallery-senior-citizen-savings-scheme-scss-2024-interest-rate-calculator-post-office-how-to-get-inr-rs-50000-interest-retirement-planning-guaranteed-return-maturity-amount-small-savings-303930](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307042-fd-interest-file.jpg?itok=45ZbBRWM)
How much investment do you need in this senior citizen scheme to get Rs 50,000 quarterly interest? Know here
01:28 PM IST