CM thanked Union Government for approving Luhri stage I HEP

 

CM thanked Union Government for approving Luhri stage I HEP

HIMACHAL, NOVEMBER 4

Chief Minister Jai Ram Thakur has thanked the Union Government and Prime Minister Narendra Modi for approving the investment of Rs.1810.56 crore for 210 MW Luhri Stage-I Hydro Electric Project (HEP) located on river Satluj in Shimla and Kullu districts. This project will generate 758.20 million units of electricity annually. The Cabinet Committee on Economic Affairs chaired by Prime Minister has approved this investment.

Chief Minister said that this project was being done by Satluj Jal Vidyut Nigam Limited (SJVNL) on Build-Own-Operate-Maintain (BOOM) basis with active support from Government of India and State Government. The MoU of this project was signed with the Government of Himachal Pradesh during Rising Himachal, Global Investor Meet, which was inaugurated by Prime Minister, Narendra Modi on 7thNovember 2019. He said that the Government of India was also providing support to this project by giving grants of Rs. 66.19 crore for enabling infrastructure which has helped in reducing the power tariff.

Jai Ram Thakur said that Luhri Stage-I Hydro Electric Project would be commissioned in about five years and power generated from this Project would help in providing Grid stability and will improve the power supply position. Chief Minister said that the project would provide direct and indirect employment to around 2000 persons and would contribute to overall socio economic development of the State. Further, Himachal Pradesh will benefit with free power worth around Rs. 1140 crore from Luhri Stage-I Hydro Electric Project, during Project Life Cycle of 40 years, he mentioned.

 

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