The Promoter’s Agreement was signed in the presence of Union Power Minister Sushil Kumar Shinde, Manipur Chief Minister O Ibobi Singh by chairman and managing director, NHPC ABL Srivastava here on October 22.
NHPC signed the Promoter’s Agreement with SJVN Limited and Government of Manipur for setting up a Joint Venture Company (JVC) for implementation of the project in Manipur.
The Tipaimukh Hydroelectric Project has been conceived as a multipurpose storage project on the Barak river with the main objective of hydropower generation along with flood moderation of downstream area.
~ The Assam Tribune