PM Modi In Himachal's Mandi Today, To Launch Hydropower Projects Worth Rs 11,000 Cr
The Himachal Pradesh Global Investors’ meet is expected to give a boost to investment in the region through the start of projects worth around Rs 28,000 crore
New Delhi: Giving a boost to hydropower potential in the region, Prime Minister Narendra Modi will reach Mandi to inaugurate and lay the foundation stone of hydropower projects worth over Rs 11,000 crore in Himachal Pradesh on Monday.
Before inaugurating the projects, Modi will also preside over the second groundbreaking ceremony of the Himachal Pradesh Global Investors’ meet at around 11:30 AM, the PMO said.
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Stressing that Modi has constantly focussed on fully utilising the untapped potential of the resources available in the country, the PMO said the measure is aimed at optimally utilising the hydropower potential in the Himalayan region.
“The projects which will be inaugurated and whose foundation stone will be laid by the Prime Minister during the visit reflect a key step in this direction,” it added.
What are the major projects to be inaugurated?
Prime Minister will lay the foundation stone of the Renukaji Dam project. The 40 MW project will be built at a cost of around Rs 7000 crore. It will prove to be immensely beneficial for Delhi, which will be able to receive around 500 million cubic metre water supply per year.
This particular project had been lying pending for around three decades.
It became possible with Modi’s thrust on cooperative federalism when the states of Himachal Pradesh, Uttar Pradesh, Haryana, Rajasthan, Uttarakhand and Delhi were brought together by the Centre to make it successful.
Modi will also lay the foundation stone of the Luhri stage 1 hydro power project. The 210 MW project will be built at a cost of over Rs 1,800 crore. It will lead to generation of over 750 million units of electricity per year. The modern and dependable grid support will prove beneficial to the surrounding states of the region as well.
Another project for which he will lay the foundation stone is the Dhaulasidh hydropower project. This will be the first hydropower project of Hamirpur district. The 66 MW project will be built at a cost of over Rs 680 crore.
It will lead to the generation of over 300 million units of electricity per year, the PMO said.
Modi will inaugurate the Sawra-Kuddu hydropower project. The 111 MW project has been built at a cost of around Rs 2,080 crore. It will lead to the generation of over 380 million units of electricity per year, and help the state earn revenue worth over Rs 120 crore annually.
The Himachal Pradesh Global Investors’ meet is expected to give a boost to investment in the region through the start of projects worth around Rs 28,000 crore, it added.
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