PM Modi to visit Mandi to lay foundation stone of hydropower projects worth over Rs 11,000 cr today

New Delhi [India], December 27 (ANI): Prime Minister Narendra Modi will visit Mandi in Himachal Pradesh on Monday to lay the foundation stone of hydropower projects worth over Rs 11,000 crore at around 12 noon.

The Prime Minister will also inaugurate the Sawra-Kuddu Hydro Power Project. The 111 MW Project has been built at a cost of around Rs 2080 crore. It will lead to the generation of over 380 million units of electricity per year, and help the state earn revenue worth over Rs 120 crore annually.

As per an official statement from Prime Minister's Office (PMO), the Prime Minister will lay the foundation stone of Renukaji Dam project, lying pending for around three decades.

"The project was made possible through the vision of cooperative federalism of the Prime Minister when six states viz Himachal Pradesh, Uttar Pradesh, Haryana, Rajasthan, Uttarakhand and Delhi were brought together by the Centre for making the project possible," PMO said.

"The 40 MW project will be built at a cost of around Rs 7000 crore. It will prove to be immensely beneficial for Delhi, which will be able to receive around 500 million cubic metre water supply per year," it added.

The Prime Minister will lay the foundation stone of the Luhri Stage 1 Hydro Power Project. "The 210 MW project will be built at a cost of over Rs 1800 crore. It will lead to generation of over 750 million units of electricity per year. The modern and dependable grid support will prove beneficial to surrounding states of the region as well," PMO said.

PM Modi will also lay the foundation stone of Dhaulasidh Hydro Power Project. According to PMO, this will be the first hydropower project of Hamirpur district. The 66 MW project will be built at a cost of over Rs 680 crore. It will lead to generation of over 300 million units of electricity per year.

Prior to the event, PM Modi will preside over the second ground-breaking ceremony of Himachal Pradesh Global Investors’ Meet at around 11:30 am.

"Prime Minister will also preside over the second ground-breaking ceremony of Himachal Pradesh Global Investors’ Meet. The Meet is expected to give a boost to investment in the region through the start of projects worth around Rs 28,000 crore," PMO said.

"Prime Minister has constantly focussed on fully utilizing the untapped potential of the resources available in the country. One of the steps in this regard has been to utilise optimally the hydropower potential in the Himalayan region. The projects which will be inaugurated and whose foundation stone will be laid by the Prime Minister during the visit reflect a key step in this direction," it added. (ANI)