Uttarakhand to revive stalled hydel projects

Image
Shishir Prashant Dehradun
Last Updated : Jan 19 2013 | 11:16 PM IST

With the hydropower sector in the state taking a beating following the suspension of three major hydel projects, the Uttarakhand government is now pulling out all the stops to revive the stalled power plants.

To begin with, Chief Minister BC Khanduri tomorrow will lay foundation stone for the 120-Mw Vyasi hydel project on the river Yamuna in Dehradun, which has been gathering dust for the past two decades.

The Vyasi dam is being developed by Uttarakhand Jal Vidyut Nigam Ltd (UJVNL), a state government enterprise, with a cost of Rs 758 crore. The project would produce 438.38 million units of peaking power annually and earn a revenue of Rs 105.29 crore per year.

Vyasi is part of the 420-Mw integrated Lakhwar-Vyasi project that was awarded in July last year to UJVNL to make up for the loss of its two key dams — 480-Mw Pala Maneri and 381-Mw Bhaironghati on the river Bhagirathi. A month earlier, the two projects were put on hold by the state government on environmental grounds.

The state government’s move to allocate Lakhwar-Vyasi to UJVNL came as a surprise because the Centre wanted Uttarakhand to hand over the project back to state-run NHPC, which was preparing the detailed project report (DPR).

Meanwhile, following in the footsteps of the Uttarakhand government, the Centre on Friday suspended work at NTPC’s 600-Mw Lohari Nagpala dam site, which too had been stalled following an indefinite fast by environmentalist GD Agrawal.

Besides Lakhwar-Vyasi, the other stalled project in Uttarakhand is 600-Mw Kishau on the river Tons in Dehradun. The state government is now considering a move to resume work on the multi-purpose project, which has remained stalled since the last decade.

For this purpose, the government is mulling a move to allocate the project on a 50-50 joint venture to both UJVNL and Tehri Hydro Power Corporation (THDC), which is preparing a DPR. “We want to go for a joint venture with THDC,” said Yogendra Prasad, chairman of UJVNL. Prasad, who is also a power adviser to the state government, said the joint venture would help in speedy completion of the project. The government is likely to take a decision in this regard soon.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 23 2009 | 1:02 AM IST

Next Story