NTPC signed a Memorandum of Understanding (MoU) with the Himachal Pradesh government to set up two hydro projects totalling 520 MW in the state. The MoU was signed by Prabodh Saxena, Principal Secretary (Energy), Himachal Pradesh and A K Gupta, Director (Commercial) NTPC in the presence of Jai Ram Thakur, Chief Minister Himachal Pradesh, Suresh Bhardwaj, Education Minister Himachal Pradesh, Shrikant Baldi, Chief Secretary Himachal Pradesh and other officials and dignitaries at the Power Conclave organised by the state government in Shimla.
Seli and Miyar HEPs are located in Chenab Basin at Lahaul & Spiti district. While Seli HEP (400 MW) is a Run of River Project with pondage scheme, Miyar HEP (120 MW) is a run of river project without pondage scheme, on Miyar tributary of Chenab River.
NTPC has presence in Himachal Pradesh with Koldam Hydro Power Station, the first hydro power project of NTPC, with an installed capacity of 800 MW. The power station is commercially operational since July 2015 and provides 28 per cent power to the state of Himachal Pradesh.