SJVN Arun-3 Power Development Company, a subsidiary of SJVN Limited in Nepal, has signed term loan documents for an INR6,334,000,000 ($84.85 million) loan to further construction of the 900 MW Arun 3 hydroelectric project.

SJVN is implementing the Arun 3 hydroelectric project in Nepal through SJVN Arun-3 Power Development. Arun 3, on the Arun River in the Sunkhuwashabha District, is a peaking run-of-river project in eastern Nepal.

The dam will be 70m tall and the headrace tunnel will be 11.7 km long. The underground powerhouse will contain four 225 MW vertical Francis turbine-generator units. Electricity from the project will be exported to India via a 217-km-long 400-kV double circuit transmission line.