Prime Minister Narendra Modi will visit Himachal Pradesh’s Mandi on Monday to inaugurate and lay the foundation stone of hydropower projects worth over Rs 11,000 cr. Prior to the event, he will preside over a ceremony of the second Himachal Pradesh Global Investors’ Meet at around 11:30 am.

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The hydropower projects aims to utilise optimally the hydropower potential in the Himalayan region, a government release said.

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Prime Minister will lay the foundation stone of Renukaji Dam project which has been lying pending for around three decades, this release said. The 40 MW project will be built at a cost of around Rs 7000 crore.

It will prove to be immensely beneficial for Delhi, which will be able to receive around 500 million cubic metre water supply per year, the release said. Six states viz Himachal Pradesh, Uttar Pradesh, Haryana, Rajasthan, Uttarakhand and Delhi have been brought together by the Centre for making the project possible.

Prime Minister will also lay the foundation stone of the Luhri Stage 1 Hydro Power Project. The 210 MW project will be built at a cost of over Rs 1800 crore. It will lead to generation of over 750 million units of electricity per year, the government release said.

Modi will also lay the foundation stone of Dhaulasidh Hydro Power Project which will be the first hydropower project of Hamirpur district. The 66 MW project will be built at a cost of over Rs 680 crore. It will lead to generation of over 300 million units of electricity per year.

Prime Minister will also inaugurate the 111 MW Sawra-Kuddu Hydro Power Project that has been built at a cost of around Rs 2080 crore. It will lead to generation of over 380 million units of electricity per year, and help the state earn revenue worth over Rs 120 crore annually, the release said.

Himachal Pradesh Global Investors’ Meet is expected to give a boost to investment in the region through the start of projects worth around Rs 28,000 crore, the release said.