The Odisha Hydro Power Corporation (OHPC) has begun the process for setting up of another hydropower project on Indravati river. It has decided to start the project work in 2017-18.
According to a senior OHPC official, the State Government has decided in principle to set up a 600-MW hydro project on Indravati river.The corporation, in the meanwhile, has initiated steps for preparation of a detailed project proposal after its approval by the Board of Directors.As pe r the proposal, the new project would produce hydropower by using the recycled water of the river.
The cost of the project is estimated at around Rs 2,000 crore. The project is expected to be completed within four years, i.e., by 2021-22, the official said. The OHPC has decided to invest 30 per cent of the total amount from its own resources while the rest 70 per cent of the cost would be met by incurring loan from other sources. The corporation is hopeful that it does not expect any public resistance or protests as the project does not involve any displacement.