BHAKHRA BEAS MANAGEMENT BOARD HAS SIGNED PRE-IMPLEMENTATION AGREEMENT WITH HIMACHAL PRADESH GOVERNMENT FOR CONSTRUCTION OF 42 MW BAGGI HYDRO PROJECT.

An agreement has been signed by the BBMB Chair person and the government of Himachal Pradesh related to the pre- implementation agreement for the construction of 42 MW Baggi hydroelectric project District Mandi Himachal Pradesh in presence of the Chief Minister of HP Shri Jai Ram Thakur and the chairperson of the BBMB Sanjay Shrivastava .The said project will be taken in hand by the BBMB for which an estimate amounting to rupees 285 crores have been assessed and prepared by the Bhakhra Beas Management Board as per statement of the Chairman of the BBMB and after commissioning of the project, 135.6 million units of electricity will be generated annually.As regards the funding for the construction of the above Project at Baggi in the state of HP it is further mentioned that rupees 4.21 crore will be contributed by the Bhakhra Beas Management Board under the head of account of Local area development schemes and funding in the project affected areas .The construction of the project will be completed within a period of 30 months ,after taking the work in hand by the BBMB as per schedule under DPR prepared by the authorities working for the local areas plan and development of the Design & Scope agreed by the government of Himachal Pradesh and signed by the BBMB in this behalf.