Home » NHPCs project cost may escalate to Rs.12,000 cr

NHPCs project cost may escalate to Rs.12,000 cr

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December 1, 2013December 1, 2013
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Following delays, the total cost of NHPC´s Subansiri project in Assam is likely to be around Rs 12,000 crore, nearly double than envisaged initially. The original cost of the project was Rs 6,285 crore. NHPC is executing the 2,000-mw Subansiri hydel plant in Assam. Sources in NHPC said that local issues, contractual issues, geological surprises, delay in decision making and poor risk-taking assessment have impacted the progress on the Subansiri project.

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