"Kundan Green Energy to Spearhead Hydropower Project in Sikkim"

Kundan Green Energy is set to embark on the development of a new greenfield hydropower plant located at Rellichu in Sikkim, with an anticipated completion date in 2026. This project aims to generate 21 megawatts (MW) of electricity upon its completion.

In a statement, the company expressed its gratitude for being awarded the project by the Government of Sikkim, citing its track record of executing hydropower projects with top-notch standards, adherence to timelines, and delivering optimal outcomes.

Upon the commissioning of the Rellichu hydropower project, Kundan Green Energy's total hydropower capacity will rise to 125 MW, up from the current 104 MW.

Sikkim, situated in the northeastern region of India, boasts substantial hydropower potential, accounting for 40% of the country's overall potential. With Sikkim's hydropower potential estimated at a peak of 8,000 MW and a firm base of 3,000 MW, there is ample opportunity for hydroelectricity generation. Kundan Green Energy Director, Udit Garg, highlighted Sikkim's vast potential with 29 approved hydropower projects in various stages of development, along with a 55 MW small hydropower installed capacity.

Expressing enthusiasm about the partnership with the Government of Sikkim, Garg emphasized the company's commitment to realizing the state's hydropower potential while adhering to best practices.

Kundan Green Energy already has a significant presence in Sikkim, with four operating projects totaling 35 MW and two upcoming projects at Lower Meyong Chu and New Meyong Chu.

Garg noted the company's standout strength in execution excellence, highlighting that while the industry average for commissioning plants stands at 8-10 years, Kundan Green Energy's mean average, including greenfield plants, is notably shorter at 4-5 years.

HBL