Jaiprakash Power Ven Chairman Speech

Dear Fellow Indians,

On this day, when the first 100 MW Unit

of the 300 (3x100) Baspa-II Hydroelectric

Project in District Kinnaur in Himachal

Pradesh has started generating power,

we at the Jaypee Group rededicate ourselves

to contribute to the infrastructural developed

of this great country of immense potential and

myriad opportunities, in this century.



For more than one reason, today is one of the most

memorable days for every one in the Jaypee Group

.

300 MW Baspa-II Hydroelectric Project is the largest

project to be commissioned in the private sector in India.



It's barrage is at an elevation of 2520.50 meters,

the highest altitude for any such structure to

come up in India. It is above the snowline with

snowfall of the order of 4.5 metres and temperature

as low as (-)15 degree Celsius.



55 km 400 kv transmission line (121 towers) passes

through an elevation of 2350 meters in most

difficult terrain involving crossing the valley

13 times.



Electromechanical and hydro mechanical equipment

for this project weighing 20,000 tonnes

had to be carted over 300km in hilly terrain.



Eight bridges, spanning upto maximum of 132 meters,

were constructedt various locations between Wangtoo.

upstream of Nathpa on NH-22 and kuppa (barrage site)

to cater for maximum loading of 70R



Jaypee Ventures Limited, an associate company of

the Jaypee group, has undertaken the project from

concept to commissioning. It is the only consultancy

company in Hydro-Power to be associated with four

Hydroelectric Projects in the country, namely:

Chamera-II, Baghlihar, Vishnuprayag.



We truly believe that the water flowing

through rivers of our country is not only a

natural resource but ‘liquid gold’ which if

harnessed properly can serve the nation in more

than one way. Nature has bestowed our country

with a bounty of this resource readily available

for exploitation for the benefit of the common man.



For some mystic reason we, in the Jaypee group,

have an inexplicable affinity to the construction

of Hydro-Power Projects for over two decades and

it is not a coincidence that Jaiprakash Industries

Limited is engaged in developing 11 Hydro Electric

Projects in India and 1 in Bhutan, which on

completion would generate 8520 MW of hydro power.

A unique distinction and for which the entire Group

stands committed to deliver.



The Group’s second own Hydro-Power Project, the

400 MW Vishnuprayag Project in Uttaranchal is slated

for commissioning in 2006. The work on 1000 MW Karcham

Wangtoo Hydroelectric Project. Also in Kinnaur

District of Himachal Pradesh for another of the Group’s

own generating company shall be completed by 2009.





We take this opportunity to express our grateful

thanks to the State Government of Himachal Pradesh,

the Government of India, Financial Institutions of Banks,

various departments of the State and Centre but for

whose support, timely help and guidance, we would

not have achieved this performance.Baspa-II is a

classic example of what a group of iron-willed

Indians with an indomitable spirit, fired with

a passion to create national assets, can achieve!