HR Policies

Hydro Policy
Highlights of Investor Friendly New Hydro Policy of Himachal Pradesh :

  • Selection of Developer on MOU Route allowed for projects up to 100 MW
  • Selection of Developer on ICB route for Projects above 100 MW.
  • No Clearances necessary from CEA for projects selected on competitive bidding route for projects costing upto Rs. 2500 crores.
  • Secondary energy rate to be at par with primary energy. Premium on peak power proposed.
  • Process of Transferring clearances to IPP’s simplified.
  • 100% Foreign Equity permitted on the automatic approval route provided it does exceed Rs. 1500 Crores.
  • Limit of 40% financing from Indian Financial Institutions waived off.
  • Tariff determination by SERC/CERC.
  • Projects upto 25 MW to be transferred to MNES.
  •  HPSEB to purchase power @ Rs. 2.50/kWh from projects upto 5 MW capacity
  •  Banking & Wheeling Facilities permitted @ 2% including transmission losses.
  •  Incentives for small HEP as per GOI Guidelines.
  •  Moratorium of 5 years for payment of Electricity duty by companies whichconsume electricity produced by them.
  •   Invest in Hydro
      Investor Friendly New Hydro Policy.
  •  Highly Remunerative.
  •  Availability of Project Due to Large Potential.
  •  Transmission Network for Power Evacuation under Planned by PGCIL.
  •  Cheap & Reliable construction power.
  •  Simplified Laws/Rules for transfer of Land.
  •  Amicable industrial Climate.
  • Good communication Facility such as Telecom, Road network, Air Services etc.