"The project which was coming up at a cost of Rs 302 crore would be a source of cheap power at a cost of Rs 1.85 per unit," an official spokesman said.
He said 95 per cent civil work of the power house had been completed and construction was in full swing to provide a permanent outfall structure for the Mukerian hydel channel stage-I into river Beas.
The electro-mechanical works have been executed by Bharat Heavy Electrical Limited (BHEL) on EPC basis.
The newly constructed hydel project has a 3.5 km newly built channel having maximum carrying capacity of 11,500 cusecs of water. He said total capacity of 18 MW would be generated from two units of 9 MW each.
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