Govt approves Rs.26.1 bln investment for Sunni dam hydro project
Centre has approved the investment for the 382 MW Sunni dam hydroelectric project by SJVN in Himachal Pradesh. The estimated cost for the project is Rs.26.1 billion which includes Rs.138 million in budgetary support from the government for the cost of enabling infrastructure. Ex-post facto approval is given for Rs 2.5 billion of expenditure incurred till January 2022. Of the total expenditure, Rs.22.4 billion is hard cost, interest during construction (IDC) of Rs.2.6 billion and financing charges (FC) of Rs.91.5 million.