NCC to set up 100 MW Sorang Hydel project in Himachal Pradesh

NCC Ltd (along with IL&FS) is setting up a 100 MW hydel power project in Sorang in Himachal Pradesh is run-of river hydroelectric scheme in the Kinnaur District. The project will utilise the waters of the Sorang Khad, a major tributary of the Satluj River. The company has received a concession for a period of 40 years. It has formed a special purpose vehicle Himachal Sorang Power Pvt Ltd to implement the project. The project cost is estimated at Rs. 5800 million. The project is likely to go operational in 2013.

Abu Dhabi National Energy Co has acquired 5% stake in the company.

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