Parvatiya Power Limited is operating 4.8 MW Loharkhet Hydro Power project in Bageshwar district of Uttarakhand. It is planned to increase the capacity of the plant from 4.8 MW to 7.00 MW. The Government of Uttarakhand has granted permission for capacity enhancement of the Plant during 2022-23. Process of other approvals is going on.
PPL has supplied 22.12 MU power in the FY 2022-23 (Previous Year 25.66 MU) to the state grid. During 2022-23, the Company has earned post tax profit of ₹2.92 crore (Previous Year ₹3.89 crore). The plant has generated employment opportunities and promoted tourism in the remote area.
The Company continues to hold 51% stake in PPL.
