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A Power Himalayas Limited, Paonta Sahib, is a specialized company incorporated to undertake designs, consultancy and implementation of Small Hydro Power Projects on turnkey basis as well as own them on the principles of build, operate and own (B.O.O.T.). The company has been promoted by a Group of experienced technocrats, professionals and non-resident Indians who have a wide ranging experience in various fields related to Hydro Power Projects.

Promoters of the company are very sound technocrats and professional and have established land mark in Small Hydro Power Sector. The company has in house the capabilities to set up projects from water to wire and also to provide collaboration or consultancy services. The highlights of company are as follow :
 

  • The company has set up first private sector SHP project in Himachal Pradesh connected to 33 KV Grid. The company was selected on its merits by reputed international agency like UNDP-GEF to set up first demonstration project at Solang, Manali, H.P.
     

  • All the survey, investigation and designs were done in house and accepted by the State Government, Ministry of Non-conventional Energy Sources and UNDP-GEF.
     

  • In addition to Power Station the company has built 33KV SWITCHING station for HPSEB at Palchan to provide interconnectivity to Solang, SHP project.
     

  • The company has also promoted M/s Regency Aquaelectro And Motelresorts Limited in Uttarakhand for 4.95 MW Hanumangangba Hydro Power Project and in the first phase 3.6 MW has been commissioned.
     

  • The projects promoted and implemented by the company are at altitudes 2200 mtr. to 2400 mtr. and thus well experienced to undertake projects in higher Himalayan ranges in Uttarakhand.
     

  • The company has also developed expertise in undertaking liasioning services with the various Government Departments to obtain the necessary approvals including land forest, clearance, environmental/pollution clearances, geological clearance, soil analysis/hydrological data and other relevant features connected with Hydro Power Projects.
     

  • The Company is also undertaking Aerial Passenger Ropeway on B.O.O.T. basis through its Subsidiray SKI Himalayas. The company represents the international leader of Ropeway and Passenger transportation systems (POMA GALSKI, from France) and a unique project of Snow Ski Center along with the Ropeway is under implementation at Solang, District Kullu, Himachal Pradesh. The conditions are similar to those prevailing in Uttarakhand and Solang project is being installed on the South Western Ridge of the PHATRU Mountains along with famous Solang Ski Slopes.
     

  • The company has also received TEC (Techno Economic Clearance) for 2.25 MW Beas SHP project for which implementation agreement has already been signed with H.P.Govt. and project is ready for construction stage.
     

  • The company has also signed MOU and has to receive TEC for Haripur 2.50 MW project in District Kullu, H.P. which will start construction activity within a year.
     

  • The company has also promoted Regency Yamuna Energy Limited for which all statutory clearances have been received including financial closure with State Bank of Patiala and projected has started construction activity.
     

  • The company has promoted Regency Gangani Energy Private Limited for 8 MW project for which all statutory clearances have been received and construction likely to start within six month. The project is also likely to enhance 8 MW to 15 MW.
     

  • It may also be noted an excellent track record for developing 6 SHP Projects and Passenger Ropeway-cum-Ski Center project as a destination tourism project out of which 4 projects are directly in name of the company and in 3 projects different companies have been promoted where A. Power Himalayas Limited shall have more than 60% share holding.
     

  • The company has thus now decided to go for a public issue of Rs.50 Cr on book building basis and it is expected that the share value should be in a band around Rs.30. Private placements are also being considered to give incentive to the investors at this stage.
     

  • These green-field projects are covered under income tax rebate u/s 80 IA and have long term high returns potential.
     

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