The 100-MW Sorang hydropower plant is now operational, according to the Abu Dhabi National Energy Co. (TAQA), which owns the project.
Located on the Soran Khad River in India's northern Himachal Pradesh state, TAQA (ADX: TAQA) and partner Jyoti Structures Ltd. acquired a minority interest in the run-of-river plant from Himachal Sorang Power Ltd. (HSPL) in January 2013.
TAQA has since acquired the majority share in the plant.
"We are keen to participate in meeting India's growing energy needs through the completion of this project, which provides cost-efficient power and helps develop renewable energy sources," TAQA chairman Saeed Mubarak Al-Hajeri said.
TAQA is owned by the United Arab Emirates government. HydroWorld.com reported in February 2014 that the company had signed a US$2 billion deal to acquire another pair of plants in Himachal Pradesh. The projects' cumulative output capacity is expected to be around 1,300 MW.
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