Overview

• Telangana and Himachal Pradesh signed the MoU on March 29 for two hydro-electric projects in Seli and Miyar totalling 510 MW at an estimated ₹6,200 crore cost.
• The state has paid an ₹26 crore upfront premium to Himachal Pradesh and is slated to pay another ₹26 crore under the agreement.
• Moser Baer abandoned the Seli and Miyar projects in 2017 after paying ₹64 crore and NTPC cancelled its contract in 2022, both citing unfeasible technical and financial conditions.
• BRS leader T. Harish Rao has accused the Congress-led government of financial mismanagement and demanded both a white paper and a debate in the state Assembly.
• The Telangana government defends the investment as part of its Clean and Green Energy Policy 2025 to diversify and secure cleaner power sources.