Project Today reported that Himachal Pradesh government has signed an MoU with Satluj Jal Vidyut Nigam to set up more hydro power projects 775 MW Luhri and 40 MW Dhaulasidh plants in Himachal Pradesh.

As per report, the Luhri project will be executed on the Sutlej River in Mandi and Kullu districts, while the Dhaulasidh project on the Beas River in Hamirpur district. The Luhri project which is located downstream of the Rampur project had been hanging fire for more than 5 years.

As per the MoU, the state will get 12% of the power generated from the two projects as royalty and 49% of the remaining 88% at lower rates. An additional 1% free power from the project will be provided by SJVNL for the local area development fund.