Arun-4 Hydro Electric Project (490 MW) is an R-O-R scheme proposed to harness the hydel potential of river Arun in Nepal with the generation of 2758 MU in a 90% dependable year. For the development of the project in a Joint Venture, a Memorandum of Understanding was signed between SJVN and Nepal Electricity Authority (NEA), in the esteemed presence of the Honorable Prime Ministers of India & Nepal at Lumbini, Nepal on 16.05.2022.