Context: The Cabinet Committee on Economic Affairs (CCEA) approved funding to the tune of ₹1,810.56 crore for the 210 megawatt (MW) Luhri hydropower project on the Satluj river in Himachal Pradesh.
The project located in Shimla and Kullu districts, will take 62 months to be completed and will generate 758.20 million units of electricity a year.
The project will be implemented by the Satluj Jal Vidyut Nigam Limited on the “build-own-operate-maintain” model and would be supported by the Central and State governments.
The clean energy produced by the project will lead to a reduction of 6.1 lakh tonnes of carbon dioxide annually.
The construction will lead to jobs for around 2,000 people and free electricity worth ₹1,140 crore for Himachal during the 40-year life cycle of the project.
“The project-affected families will be provided with 100 units of free electricity per month for 10 years,” the statement added.
