JAIPRAKASH HYDRO POWER LIMITED (JHPL)

Project:

Jaiprakash Hydro Power Ltd. (JHPL), a subsidiary  of Jaiprakash Industries Ltd. (JIL) has set up 300 MW Baspa-II Hydro-Electric project, a run of the river scheme, located at River Baspa in District Kinnaur of Himachal Pradesh, in private sector on Build, Own  and Operate basis, which has come into full commercial production in June,2003. 

Completion Cost and Funding of the Project:

The project cost has been appraised by ICICI Bank Ltd. (ICICI), the  Lead Institution, at Rs.1612 crores including margin  money of Rs.16.12 crores.  The financing of the  project, based on Debt-Equity ratio of  70:30 is as below:                                                                                                                                                                              

                                                                                        (Rs. in Crores)

Equity                                                               491.00

                        Rupee Term Loans                                           902.00

Foreign Currency Loans

(including Buyer’s Credit)                                

                        in equivalent rupees                                           219.00

                                                                                              -----------

                                                Total                                     1612.00

                                                                                              =======

Saleable Energy:

·        Saleable Primary Energy                 :                                 1050 million units

·        Saleable Secondary Energy             :                                 155   million units