(113 MW Rongnichu Hydro Electric Project (A run of the river scheme))
Madhya Bharat Power Corporation Limited has implemented 113 Rongnichu Hydro Power Project in East Sikkim on Rongnichu river near Gangtok. The Plant achieved COD on June 30, 2021.The project is close to State Highway NH31A. The Project area extends from the barrage site at Namli, 9th Mile on NH-31A to the Power house site at Kumrek near Rangpo in East Sikkim. It is a CDM registered project. MBPCL has signed PPA with Chhattisgarh State Power Distribution Company Limited for purchase of entire power on a long-term basis for a period of 35 years. The tariff for supply of contracted energy shall be the tariff as determined by the regulatory body, Chhattisgarh State Electricity Regulatory Commission (CSERC).
"MBPCL is a Special Purpose Vehicle (SPV) of Sarda Energy & Minerals Limited (SEML). SEML holds 84.65% stake in the project (76.43% directly and 8.22% through its wholly owned subsidiary Sarda Energy Limited)."