Question : HANDING OVER OF HYDRO POWER PROJECTS TO PRIVATE COMPANIES



(a) whether the Government propose to hand-over hydro electric power projects to private companies;

(b) if so, the details thereof;

(c) the target fixed for the production/generation of power by these companies, project-wise;

(d) the time by which these projects are likely to be handed over; and

(e) the cost of these projects as well as per unit cost of power production?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF POWER ( SHRIMATI JAYAWANTI MEHTA )

(a) to (e): The policy enunciated by the Government of India in 1991 allows both domestic and foreign private developers to participate in setting up of generating stations, both in the thermal and hydel sectors, with the approval of the concerned State Governments. Details of the schemes for setting up hydro electric power projects in the private sector in various States, which have been accorded techno-economic clearance of Central Electricity Authority (CEA), are given below:

S.No	Name of the project	Promoter/ State	Cap.MW	Estimated	Estimated	completed cost	commissioning	schedule

1. Baspa Stage-II HEP, M/s. Jaiprakash Unit-I: 2002 Hydro Power Ltd, 3x100 Rs. 949.23 Crs. Balance in 10th Plan Himachal Pradesh

2. Malana HEP, M/s. Malana Power 2x43 Rs.341.911 Crs. March 2002 Company Ltd, Him Pra Benefits in 9th Plan
3. Vishnuprayag HEP, M/s. Jaiprakash 4x100 US$107.35 Unit-I: 59 months from Power Venture Ltd,U.P. Million+Rs. financial closure. 1233.57 Crs. Last Unit: 60 months (1US$=Rs.35.50/-)from financial closure. Benefits in 10th Plan.

4. Shrinagar HEP M/s. Duncans North Hydro 4x82.5 US$95.04 Unit-I: June 2005 Last Power Co. Ltd, U.P Million+ Rs. Unit: September 2005 1299.89 Crs. Benefits in 10th Plan (1US$=Rs. 42/-)

5. Maheshwar HEP, M/s.Shree Maheshwar US$213.29 Unit-1: 46 months from Hydel Power Corp Ltd., Million financial closure Madhya Pradesh 10x40 +Rs.812.09 Crs. Unit-10: 55 months (1US$=Rs.35.50) from financial closure Benefits in 10th Plan
The actual sale rate of electricity from the above projects will depend on the completed cost (approved by CEA) and terms and conditions of the Power Purchase Agreement entered into between the promoter and the respective State Electricity Boards. In addition to the above, the following schemes for setting up hydro electric power projects in the private sector have been accorded `in-principle` clearance of CEA and the promoters of these projects are required to submit the complete Detailed Project Report to CEA for accord of techno-economic clearance.
S.No	Name of the project/Promoter/State	Cap.(MW)

1. Allain Duhangan HEP, M/s. Rajasthan Spinning& Weaving Mill, Himachal Pradesh 192

2. Karcham Wangtoo HEP, M/s. Jai Prakash Industries Ltd., Himachal Pradesh 1000

3. Dhamwari Sunda HEP, M/s. Dhamwari Power Co., Himachal Pradesh 70

4. Upper Krishna HEP, M/s. Chamundi Power Corporation Ltd.,Karnataka 1107