Small hydro plant commissioned in India

9 June 2005


Funded through internal accruals and a term loan from the Indian Renewal Energy Development Authority (IREDA), the project is expected to generate 5M units of electricity per year.

The developer has entered into a 10-year power purchase agreement(PPA) with the Himachal PradeshState Electricity Board (HPSEB) for the sale of power generated at a cost of Rs 2.5 per unit (6 US cents) .




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