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Home Minister presides over groundbreaking ceremony of SJVN's upcoming projects

Union Minister of Home Affairs Amit Shah presided over the groundbreaking ceremony for 210 MW Luhri Stage – I and 66 MW Dhaulasidh Hydro Electric Power Project
Shimla: Union Minister of Home Affairs Amit Shah presided over the groundbreaking ceremony for 210 MW Luhri Stage – I HEP and 66 MW Dhaulasidh HEP at Shimla in the benign presence of Himachal Pradesh's Governor Bandaru Dattatraya and Chief Minister of Himachal Pradesh Jai Ram Thakur. On this occasion Union Minister of State for Finance Anurag Thakur, Member of Rajya Sabha JP Nadda, Education Minister of Himachal Pradesh Suresh Bhardwaj, Industries Minister of Himachal Pradesh Bikram Singh were also present along with other dignitaries. The government of Himachal Pradesh organised the first groundbreaking ceremony as a part of 'Rising Himachal Global Summit' for fast-tracking the implementation of MoUs worth 10,000 crores signed during the summit. SJVN LImited's Chairman & Managing Director (CMD) Nand Lal Sharma, while explaining the models of projects to the Union Minister of Home Affairs apprised that the projects will contribute significantly towards the overall growth of the entire state. The 210 MW Luhri Stage – I HEP is located on river Satluj in Kullu and Shimla districts, while 66 MW Dhaulasidh HEP is located on river Beas in Hamirpur and Kangra districts. On completion 210 MW Luhri Stage – I HEP will generate 758 Million units of electricity annually while 66 MW Dhaulasidh HEP will have the potential to generate 247 Million units of electricity annually. The construction of these two projects will bring in an investment of around 2,400 crores and will generate employment for nearly 3500 persons. Union Minister of Home Affairs appreciated the contribution of SJVN Limited in Indian Power Sector and development of Himachal Pradesh. Sharma further said that during Rising Himachal Global Summit, SJVN signed MoUs for eight hydro projects. These projects are located in Satluj, Beas and Chenab river basins in Himachal Pradesh. The development of these projects will usher in an investment of 24000 crores and will also result in employment opportunity for 11950 persons. SJVN has also forayed into the fields of Renewable Energy, Power Transmission and Thermal. SJVN has envisaged Internal Growth Targets and is vigorously marching forward for achieving installed capacity of 5,000 MW by 2023, 12,000 MW by 2030 and 25,000 MW by year 2040. Disclaimer: This story is a press release and is being published without any editing by PSU Watch desk. Our editorial team has only changed the headline.