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Our Bureau

New Delhi , Oct. 17

DS Constructions has bagged the mandate to develop, construct and operate a 260-MW hydroelectric power project in Himachal Pradesh. The company on Monday said it won the mandate to develop the Kutehr Hydro Project on a build-operate-transfer basis through a competitive bidding process involving eight domestic and international players.

The project will be constructed on the Ravi River at an approximate cost of Rs 1,058 crore, it said, adding that the company had made a bid for an upfront payment of Rs 52 lakh per MW for the project.

The company has already started the process of preparation of the detailed project report.

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