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Moser Baer’s arm - MBPPL gets final nod for 120 MW Miyar hydro plant

14 Dec 2012 Evaluate

Moser Baer’s arm - Moser Baer Projects (MBPPL) has received the final approval of the Central Electricity Authority (CEA) for its 120 MW Miyar hydro plant in Himachal Pradesh. The company aims to start the construction in April next year. The company has completed all necessary investigative work in order to minimize geological risks for the project.

The project will be located at Lahaul in Himachal Pradesh and will have three units of 40 MW capacities each. This project will see an investment of about Rs 900 crore and would be funded in the debt to equity ratio of 75:25.

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