Madhucon Projects bags 3 hydro power projects of 75 MW
Madhucon Projects has announced that it has bagged three hydro power projects of 25 MW each — aggregating 75 MW expandable to 100 MW on build, operate and transfer (BOT) basis – from Uttarakhand Jal Vidyut Nigam, Government of Uttarakhand.
The company has bagged the project for development, implementation and operation of Agastyamuni hydro power (25 MW) in tributary Mandakini of river Alaknanda in district Rudrapryag on build, operate and transfer (BOT) basis and also secured the project for development, implementation and operation of Tilwara-I hydro power (25 MW) in tributary Mandakini of river Alaknanda in district Rudrapryag on build, operate and transfer (BOT) basis.
Further, the company has bagged a project for development, implementation and operation of Tilwara-II hydro power (25 MW) in tributary Mandakini of river Alaknanda in district Rudrapryag on build, operate and transfer (BOT) basis.
The developers shall operate the projects over a period of 35 years and DPRs are in the process of preparation.
Madhucon Projects is already operating a co-gen plant of 24 MW near Khammam, Andhra Pradesh, through its associate company Madhucon Sugar and Power Industries.
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