Renuka Dam project gets approval from centre

22 Dec 2021 CW Team

The project includes the construction of the proposed 2.5 million tonne (mt) capacity reservoir across the Giri river in Sirmaur district, Himachal Pradesh.

Chief Minister Jai Ram Thakur thanked the union government for approving the project of Renuka Dam. He said that in 2009, it was notified as a national project by the center and included in its list of projects stuck up due to inter-state disputes.

In 2015, given that all states were on board with this project, a detailed report (DPR) was accepted at Rs 4,596 crore ($76 million), but roadblocks slowed progress so much that even after signing an agreement among six other states - Delhi, Haryana (Huntsville), Uttar Pradesh (Lucknow), Rajasthan(Jaipur)-it still couldn't be taken forward because one state wasn't interested.

After persistent efforts from India's Ministry of Jal Shakti over two years ago which finally led to full acceptance and approval for this dam today! After signing the agreement MoJSA once again accepted the DPR on December 9, for a total cost of Rs 6,996 crore.

The Project, which envisages the construction of a 148-meter high rockfill dam, would store the monsoon discharges that otherwise go unused. The Project has a live storage capacity of 498 million cubic meters and will provide drinking water to Delhi at 23 cubic meters per second for $724 million in revenue each year.

It will also generate 200 million units annually in its surface powerhouse with 40 MW installed capacity and use this output by the state government. Construction is expected to start no later than December 2018, with a total cost estimated at Rs 160 crore.

After commissioning 1% of annual revenue from CAT plan works carried out under project development phase one or PDP1 (Pre-construction phase), it expectedly garners 3% annual profit after completion.

Image Source

The centre has approved the Renuka dam proposal as a part of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY), which is envisioned to be a long-term plan for India's food security and sustainable agriculture development. The project includes the construction of the proposed 2.5 million tonne (mt) capacity reservoir across the Giri river in Sirmaur district, Himachal Pradesh. Chief Minister Jai Ram Thakur thanked the union government for approving the project of Renuka Dam. He said that in 2009, it was notified as a national project by the center and included in its list of projects stuck up due to inter-state disputes. In 2015, given that all states were on board with this project, a detailed report (DPR) was accepted at Rs 4,596 crore ($76 million), but roadblocks slowed progress so much that even after signing an agreement among six other states - Delhi, Haryana (Huntsville), Uttar Pradesh (Lucknow), Rajasthan(Jaipur)-it still couldn't be taken forward because one state wasn't interested. After persistent efforts from India's Ministry of Jal Shakti over two years ago which finally led to full acceptance and approval for this dam today! After signing the agreement MoJSA once again accepted the DPR on December 9, for a total cost of Rs 6,996 crore. The Project, which envisages the construction of a 148-meter high rockfill dam, would store the monsoon discharges that otherwise go unused. The Project has a live storage capacity of 498 million cubic meters and will provide drinking water to Delhi at 23 cubic meters per second for $724 million in revenue each year. It will also generate 200 million units annually in its surface powerhouse with 40 MW installed capacity and use this output by the state government. Construction is expected to start no later than December 2018, with a total cost estimated at Rs 160 crore. After commissioning 1% of annual revenue from CAT plan works carried out under project development phase one or PDP1 (Pre-construction phase), it expectedly garners 3% annual profit after completion. Image Source

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..