Moser Bayer, Gammon to set up power plants in Himachal Pradesh

July 28th, 2008 - 10:43 pm ICT by IANS  

Shimla, July 28 (IANS) The Himachal Pradesh government Monday gave its nod to the 144 MW Gondhla and 261 MW Yangthang hydro power projects to be developed by Moser Bayer India Ltd and Gammon India Ltd respectively. The companies bid for the highest upfront premium of Rs.1.93 billion for these projects.

While Gondhla project is located in Lahaul and Spiti district, Yangthang project is in Kinnaur district.

The state cabinet also decided to re-advertise the Bardang (114 MW), Tandi (150 MW) and Rashil (150 MW) hydro projects, officials told IANS.

It approved the capacity increase of the power projects with revised capacity not exceeding 25 MW in respect of the executors which have already deposited the upfront premium amount with the government.

The cabinet approved the transfer of government land for the construction of Karchham-Wangtoo hydro project in Kinnaur district on one-time lease amount of Rs.150 million.

The project is being executed by Jaypee Karchham Hydro Corp.

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