|
Urthing Sobla Hydro Power Private Limited (USHPPL) was incorporated on September 13, 2007. It has been formed to set up a hydro electric power project at Urthing Sobla in Pithoragarh District in the state of Uttarakhand.
In accordance with the terms of the project development agreement, Reliance Infrastructure Ltd must hold, directly or indirectly, 51% of the equity in the special purpose vehicle formed to develop the Urthing Sobla project. Reliance Power owns 80% and Reliance Infrastructure Ltd owns 20% of USHPP, so that Reliance Infrastructure's direct and indirect shareholding exceeds 51% of the total equity in USHPP.
Urthing Sobla, a 400 MW hydroelectric Project in Uttarakhand
Urthing Sobla Hydro Power Private Limited (USHPPL), an 80 percent subsidiary of Reliance Power, is setting up a 400 MW (4x100 MW) run-of-the-river hydroelectric power project on the Dhauliganga River in Pithoragarh, Uttarakhand. A Project Development Agreement (PDA) was entered into with the Government of Uttarakhand to carry out studies and investigations, to prepare the Detailed Project Report (DPR) and to develop and operate the project. SMEC, Australia has been appointed as the consultant for preparation of DPR.
Other Hydroelectric Projects in Arunachal Pradesh
|
