Sign Implementation Agreements for Hydel Projects, CM Sukhu to SJVNL

Sign Implementation Agreements for Hydel Projects, CM Sukhu to SJVNL

Chairman cum Managing Director of Satluj Jalvidyut Nigam Limited (SJVNL), Nand Lal Sharma, met with Chief Minister Thakur Sukhvinder Singh Sukhu to discuss the progress of various hydel projects being implemented by SJVNL in the state.

 

Expressing his disappointment, the Chief Minister pointed out that SJVNL had commenced construction work on the 210 MW Luhri (Phase-1), 66 MW Dhaula Sidh, and 382 MW Sunni dam without signing an implementation agreement with the state government. Despite repeated requests, SJVNL has not taken any proactive measures, leading the state government to issue a notice to SJVNL.

 

The Chief Minister also emphasized the need for the state to receive a higher royalty percentage in SJVNL’s hydropower projects. Currently, there is a provision to provide royalty at rates of 12 percent for the first 12 years, 18 percent for the subsequent 18 years, and 30 percent for the last 10 years. However, the Chief Minister suggested that a royalty rate of 30 percent should be applicable for projects that have covered the construction cost and are completed. Additionally, he proposed that after 40 years of operation, the projects should be transferred to the state government.

 

Highlighting the value of the state’s river waters as priceless assets, the Chief Minister expressed concern that the people of the state have not yet reaped the desired benefits from the hydroelectric projects. The issue of water cess was also discussed in detail during the meeting. Chief Parliamentary Secretary Sunder Singh Thakur was present on the occasion.

 

The Chief Minister’s aim is to ensure that the state’s interests are protected and that the hydel projects yield maximum benefits for the people of Himachal Pradesh.

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