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LSHPL to Be Ready by March 2019

Construction work on Lara Sumta Hydro Power Pvt Ltd (LSHPL of Reliance Power) 104 MW power unit was progressing well as confirmed by Projects Today. The power unit is located at Satluj river in Kinnaur district of Himachal Pradesh.

 

The project conceptualised in 2007 moved at a snail’s pace for the initial years of its planning stage. Moreover, the execution work was delayed due to some financial issues. Finally, financial closure was achieved and work was commenced in 2016. The project will be executed on build, own, operate, transfer (BOOT) basis.

 

When the Projects Today team got in touch with the project official for recent developments, it learnt that work on the project was progressing as per the schedule. Moreover, around 90 percent work was completed. The cost of the unit is estimated at Rs 728 crore. The power project is expected to come up by March 2019.

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