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Delhi approves 300 MW hydropower plant

Hydropower development continues in north India with 300 MW Lakhwad project worth USD 724.3 million

A 300 MW hydroelectric plant will be built in the northern state of Uttarakhand

The Indian government has approved the construction of a 300 MW hydroelectric plant in the northern state of Uttarakhand.

The USD 724.3 million Lakhwad plant will be developed by Uttarakhand Jal Vidyut Nigam (UJVNl), as part of a joint venture between the state and India's central government.

The state will contribute about a third of Lakhwad's costs, with the federal government paying the rest, said state officials.

Construction of the project is reported to be complete within four years. The Lakhwad hydropower complex is to be located on the Yamuna River in India's northern region, which has been a hotbed of hydroelectric development in recent months.

The Asian Development Bank (ADB) had made a USD 315m loan to develop the 450 MW Shongtong Karcham hydropower plant in Himachal Pradesh; a 850 MW Rattle project in Kashmir has also recently gained approval.