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NHPC incurring daily loss of Rs 10 cr

By Correspondent
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NORTH LAKHIMPUR, July 13 - The National Hydro-electrical Power Corporation (NHPC), engaged in the construction of 2000 MW Lower Subansiri Hydro-Electrical Power Plant work in Gerukamukh has been incurring a daily loss of about Rs 10 crore after the work of the dam was halted in 2011. This was stated by NHPC�s executive director Rakesh in a function at Gerukamukh on Sunday. The occasion was to award scholarship to students of various disciplines of this region by the PSU.

Speaking on the occasion, the executive director said that the NHPC has spent Rs 8,000 crores on LSHEP project and is now incurring a loss of about Rs 10 crore daily after the construction work of the dam over Subansiri river was halted due to massive public protest. Rakesh also said that the anti-dam stir was the result of the misunderstanding among various organisations, public and the NHPC.

He also said that the NHPC would follow the recommendations of the expert committee to ensure the safety and security of the downstream areas of the river from the dam site. Rakesh informed that the NHPC had extended the length of the security area of the downstream portion from original 15 kilometers to 30 kilometers as suggested by the expert committee and the extension of the breadth of the dam from its original 161 meters to 271 meters. Significantly the executive director said that the original height of the dam could not be lowered as recommended by the expert committee.

The function was attended by Lakhimpur SP, Vivek Raj Singh and his Dhemaji counterpart Swapneel Deka and several other dignitaries.

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NHPC incurring daily loss of Rs 10 cr

NORTH LAKHIMPUR, July 13 - The National Hydro-electrical Power Corporation (NHPC), engaged in the construction of 2000 MW Lower Subansiri Hydro-Electrical Power Plant work in Gerukamukh has been incurring a daily loss of about Rs 10 crore after the work of the dam was halted in 2011. This was stated by NHPC�s executive director Rakesh in a function at Gerukamukh on Sunday. The occasion was to award scholarship to students of various disciplines of this region by the PSU.

Speaking on the occasion, the executive director said that the NHPC has spent Rs 8,000 crores on LSHEP project and is now incurring a loss of about Rs 10 crore daily after the construction work of the dam over Subansiri river was halted due to massive public protest. Rakesh also said that the anti-dam stir was the result of the misunderstanding among various organisations, public and the NHPC.

He also said that the NHPC would follow the recommendations of the expert committee to ensure the safety and security of the downstream areas of the river from the dam site. Rakesh informed that the NHPC had extended the length of the security area of the downstream portion from original 15 kilometers to 30 kilometers as suggested by the expert committee and the extension of the breadth of the dam from its original 161 meters to 271 meters. Significantly the executive director said that the original height of the dam could not be lowered as recommended by the expert committee.

The function was attended by Lakhimpur SP, Vivek Raj Singh and his Dhemaji counterpart Swapneel Deka and several other dignitaries.

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