About Kamala Hydroelectric Project:
- Kamala Hydroelectric Project (formerly Subansiri Middle Hydroelectric Project) is a 1,720 MW hydroelectric project planned on the Kamala River (a major tributary of the Subansiri River) in Arunachal Pradesh‘s Kamle district.
- It is a storage-based scheme with a flood moderation component.
- The project involves construction of concrete gravity dam and an underground powerhouse.
- In addition to power generation, the project also envisaged to provide flood relief in the Brahmaputra valley.
- The project will be implemented on a Build-Own-Operate-Transfer (BOOT) basis through a joint venture company with 74% equity by NHPC and 26% by the Govt of Arunachal Pradesh (GoAP).
- The project is proposed to be financed with a debt-equity ratio of 70:30, supported by Government of India grants for enabling infrastructure (Rs 1,340 crore) and flood moderation component (Rs 4,743.98 crore), along with 100% SGST reimbursement by GoAP.
- The State will receive 12% free power and an additional 1% earmarked for the Local Area Development Fund (LADF).