SJVN Ltd has signed the Project Development Agreement (PDA) of 669 MW Lower Arun Hydro Electric Project in Nepal which will be constructed at a cost of ₹5,792 crores with a levelized tariff of ₹4.99 per unit and generate 2,901 million units of energy annually. The company is also developing 217 KM long associated Transmission Network for power evacuation and export to India. It is a Major expansion or diversification plan - Geographic Expansion sub-type event with a positive sentiment and high event significance from an investor perspective.