Prime Minister Narendra Modi has inaugurated and laid the foundation of the hydropower projects worth Rs 11000 crore in Mandi, Himachal Pradesh. Before the inauguration of the dam, PM Modi will preside over the second groundbreaking ceremony of Himachal Pradesh Global Investors’ Meet at around 11:30 AM. The Meet is expected to give a boost to investment in the region through the start of projects worth around ₹28,000 crore. He also laid the foundation stone of the Renukaji Dam project which has been kept pending for around 3 decades.
The 40 MW project will be built at a cost of around ₹7,000 crore. According to the PMO, the dam will prove to be immensely beneficial for Delhi, which will be able to receive around 500 million cubic metre water supply per year. Other Projects are: Luhri Stage 1 Hydro Power Project and the Dhaulasidh Hydro Power Project, the first hydropower project of the Hamirpur district.
