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Thursday, Mar 02, 2006


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DS Constructions bags hydel project

Our Bureau

Mumbai, March 1

DS Constructions has bagged a hydroelectric power project from the Government of Arunachal Pradesh.

The Naying hydro project will involve construction on Siyom river in West Siang district at a cost of about Rs 5,000 crore, with a generating capacity of 1,000 MW.

The company will incorporate a special purpose vehicle for this project that will have 89 per cent equity participation by DS Constructions and 11 per cent by the Arunachal Pradesh Government. DS Constructions has already started preparing the detailed project report; subsequently, the construction work on this project will be completed over a period of eight years.

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