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Jindal Power Ltd which is a wholly owned subsidiary of Jindal Steel and Power Ltd, has been planning to sell part of its 74 percent stake in special purpose vehicle (SPV) that’s setting up the Rs 20,000 crore Etalin Hydroelectric Projects in Arunachal Pradesh says Ravi Uppal, the MD and Group CEO of Naveen Jindal Group.
It would be the largest hydro electric power project of the country with having a capacity of 3,097 MW.
Etalin Hydro Electric Power Company Ltd which is a 74:26 joint venture of Jindal Power and Hydro Power Development Corporation of Arunachal Pradesh, is setting up the run-of-the-river project on rivers Dri and Tangon in the state’s Dibang valley.
