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Himurja will get royalty at the rate of 6.75 percent from the 4.80 MW Kareri small hydroelectric project

Current Affairs

Himurja will get royalty at the rate of 6.75 percent from the 4.80 MW Kareri small hydroelectric project
Electricity generation has started in Himachal Pradesh from small hydro power projects. Himurja has developed 4.80 MW Kareri Hydroelectric Project at Rampur in Shimla district, this project has started generating electricity and will generate 23.48 million units annually.

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This project will prove to be helpful in meeting the power demand in the region. This small hydro power project has been established at Nogli Khad near Rampur Bushahr. This project was allotted by the state government with the aim of making Himurja self-reliant. It should be noted that in the cabinet meeting in the year 2014, it was allotted to M/s Sai Engineering Foundation on BOT basis, with the condition that Himurja would get royalty at the rate of 6.75 percent in addition to the normal royalty received by the government.

Source: Giriraj

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