Project Detail:
Rangit Stage-IV Hydroelectric Project located in Western Sikkim is a run off the river scheme envisages construction of a 44m high concrete gravity dam with reservoir having live storage of 1.22 MCM to generate 120 MW (3x40MW) of power utilizing a net head of 103.67m.
Construction of the project started in June’ 2008; however, the project stalled in October’ 2013 due to paucity of funds post cost overrun. Due to default in payment to lenders, CIRP proceedings were initiated on JPCL vide Hon’ble NCLT order dated April 9’ 2019. Hon’ble NCLT approved the NHPC Resolution Plan vide NCLT Order dated 24.12.2020.
Note: Please Download Project Document attached to this Project for more information.
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