Madhucon Projects Limited, an infrastructure development company, has been awarded a contract from Uttarakhand Jal Vidyut Nigam Limited (UJVNL) to develop three hydro power projects totaling 75 MW.
The planned projects, which will be executed on a build, operate and transfer basis, include the Agastyamuni, Tilwara-I, and Tilwara-II hydro projects, with a capacity of 25 MW each.
The hydroelectric projects are located in the tributary Mandakini of River Alaknanda in Rudrapryag district.
Madhucon will be operating these projects for a period of 35 years, the company said in a filing to the Bombay Stock Exchange.
UJVNL is a wholly owned corporation of the Government of Uttarakhand set up for managing hydro power generation at existing power stations and development and promotions of new hydro projects.
Source;http://www.hydroworld.com/
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