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PARENG PROJECT

Project Summary

Virtuaal Power group is developing 14.50 MW (3x4.85 MW) Pareng Hydro-Electric Project under the SPV-Virtuaal Pareng Hydro Private Limited.

Pareng SHPP is a 14.5 MW Hydro Power Project on Pareng River, a tributary of Panyor River in Papum Pare District of Arunachal Pradesh. Project has been planned as Run of River plant. The project is estimated to have an annual gross generation of 77.71 MU.

The project envisages the construction of a 28m long trench weir, feeder channel, underground desilting chamber, 3.5m dia and 3300m long headrace tunnel of modified horseshoe shape, a surge shaft of 6m dia, pressure shaft of 2.5m dia, surface powerhouse and 54m long tailrace arrangement.The transmission offtake infrastructure is available close to the project area.

Pareng Project has been chosen since it is a run of the river scheme with no submergence issues and affects no other projects or catchments. The project is easily accessible on an existing roadhead, has the support of the local populace, and has no major environmental issues. In addition it has remarkably favourable geological conditions for the region and is a simple project with no unusual features.

The project will enhance the quality of life of people living in and around the project by the way of development of roads, communications, availability of uninterrupted power. This will lead to development of small/medium industries, ancillaries employment generation, development of tourism.

The project weir site is located at about 36 kms from the Sagalee town which is about 90kms from the state capital Itanagar. The project can be accessed from Guwahati Tezpur National Highway and further by State highway and all weather roads. The nearest major airport is at Guwahati and nearest railhead is at Naharlagun.

VIPL has extensive experience of working in India with government and local community. InfraCo Asia brings in extensive development expertise with project all across South and South-East Asia. Entura brings in engineering technical expertise. The combination ensures smooth execution and foresight of project management.

Project Overview

Company Virtuaal Infrapower Private Limited
Country India
Region State of Arunachal Pradesh
Sector Renewable Energy(hydro)
Size 14.5 MW
Co-development Partner InfraCo Asia Development Pte.Ltd(IAD) Singapore based
Status
  • Permits obtained
  • Under active development
  • Infrastructure construction started
  • Loan sanctions received from IREDA and InfraCo Asia Investment (IAI), a sister company of IAD
  • Scheduled to start generation from December 2022
Capex *INR 1982.5mn/USD 28.32mn
Debt:Equity= 70:30
Development Impact
  • 140,000 people with improved access to power
  • Short term jobs during construction and long term jobs for operation and maintenance
  • 1% free power for local area development
*1USD= 70INR

Co-Development Partner

  • InfraCo Asia Development Pte Ltd (InfraCo Asia) is a commercially managed infrastructure development and investment company of the Private Infrastructure Developme Group(PIDG).

  • Headquartered in Singapore, it aims to stimulate greater private sector investment in infrastructure in South and South East Asia. InfraCo Asia funds highrisk infrastructur development activities by taking an equity stake with a focus on socially responsible and commercially viable infrastructure projects that contribute to economic growth, social development and poverty reduction.

  • InfraCo Asia is currently funded by three members of PIDG – the Australian Department of Foreign Affairs and Trade (DFAT), the Swiss State Secretariat for Economic Affairs (SECO) and the UK Department for International Development (UKAid).

  • InfraCo Asia has committed funding of 2.95 mn USD towards the development of this project.

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