LANCO Teesta Hydro Power Pvt Ltd(LTHPPL) has secured the 500 MW Teesta VI Hydropower Project for development across the Teesta River in Sikkim on a Build, Own, Operate, Transfer basis in the joint sector for a period of 35 years. The project is expected to generate 2441 million units per annum to be sold to the Maharashtra State Electricity Distribution Company Ltd (MSEDCL) through a 25 year Power Purchase Agreement. Several statutory clearances required from the State and Central Agencies have been obtained and civil construction works are in progress. |