Shimla, Apr 20 (UNI) Himachal Pradesh State Electricity Board (HPSEB) is in the dock again over the completion of 12 MW Khauli hydel project in Kangra district of the state, completed at an estimated cost of Rs 126 crore.
The per MW generation cost of the project is about Rs 10.50 crore, as against Rs 10.20 crore on the 126 MW Larji project, which was until now considered the costliest hydel project in the country.
The per unit cost of the project, which would generate 54 million units (MUs) of power annually, has been worked out at around Rs six per unit against the average selling cost of Rs 3.67 per unit by the board.
The exact cost of the Khauli project was only known when the Board filed an application with the State Electricity Regulatory Commission (SERC) for determining the tariff.
The Commission has fixed the power purchase cost of projects up to five MW capacity at Rs 2.80 per unit and Rs 2.25 per unit for projects with more than more than five MW.
The Khauli mini hydel project located in less hostile terrain has been executed at a cost of Rs 126 crore and the per MW generation cost of power has been calculated at Rs 10.50 crore, as against Rs 10.20 crore per MW in the 126 MW Larji project.
The Board is drawing flak from all quarters for failing to commission the second hydel project on time, as the Khauli project was completed three years behind schedule with an escalated cost of Rs 126 crore, while the Larji project was commissioned five years behind scheduled at a cost of Rs 1,294 crore.
On the other hand, the per unit cost of the 1,500 MW Nathpa-Jhakhri hydel project, located in more difficult terrain and executed in the around the same time in hostile climatic conditions, works around to be Rs five crore per MW and that too after it suffered huge losses due to flash floods on three separate occasions.
However, what is even more intriguing that the Board or the government has not taken any action against the erring officials who are responsible for the irregularities in Larji and Khauli projects.
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