SJVN Arun-3 Power Development Company Pvt. Ltd. (SAPDC) was incorporated & registered on 25.04.13 as a single shareholder Pvt. Ltd. Company under the Nepalese Companies Act 2063 with SJVN Ltd. is its sole shareholder.
The principal objective of SAPDC is to Plan, Promote, Organize and Execute 900 MW Arun-3 Hydro-electric Project. The Project Development Agreement (PDA) was signed on 25.11.14 between Investment Board of Nepal (IBN), GoN and SAPDC.
The project will provide 21.9 % free power to GoN and help in development of the region by generating employment opportunities for the locals, boosting local industries, and fostering entrepreneurship.SAPDC will construct Transmission line for rural electrification in Project area.
Project will help in development of infrastructure such as construction of roads, bridges and provide financial support for healthcare facilities and community centers etc. which will provide a robust community infrastructure. Further, skills training and other programs will provide great financial support to the affected communities.Total lifetime financial benefits of GoN shall be of the order of 33,866 Cr. NPR.