Moser bear hydro electric company is developing 2 power projects on Chenab river and its tributary Miyar Nala at Lahul in Himachal Pradesh, with a combined generation capacity of 520 MW. Miyar (120) and Seli (400) hydro electric projects will grnerate 1851 million units and will be constructed at an estimated cost of Rs.3000cr. Moser bear company has the target to commission both these projects at the earliest in the record time. CEO of the Moser Bear A.B Giri discloses it while addressing the press conference at Apple Valley resort in Kullu. He said that power availability in the country is much below the demand and the energy crises is seriously affecting the entire country. With depleting resources and environmental concerns efforts are brewing to develop alternate resources of energy like water which is cheapest, pollution free, inexhaustible and renewable resource. Lahul & Spiti’s geographical and cultural conditions are conducive for hydel power development and it has tremendous scope in future. Giri disclosed that 3 families of Ratoli village of Seli project would be relocated to suitable place of their choice with new houses having all modern amenities, infrastructure, least problems and inconveniences. He said that relocated and affected families would be given land compensation at a Govt. specified market rate; besides additional compensation given as per resettlement and rehabilitation policy of the Govt. Giri also told that one man of each family would be given job according to their qualification, and eligibility. Giri also revealed detailed afforestation, biodiversity conservation and management plan of the company, which would be executed under technical guidance of IHBT. He declared that company would emphasise on education, health care, eco tourism and maximum employability opportunities in the areas of agricultural and horticultural business to increase the living standard of the people of affected region. Giri also announced that company would establish a fruit and vegetable processing unit and tinned unit in Udaipur, so that farmers would get remunerative price of their agricultural produce at their door steps. He said that the condition of the roads in the valley would be improved and widened to make it a all weather road by constant removing and clearance of the snow during winters by working closely with BRO. He said that company would continue to organise free medical camps from time to time and extend all possible help to preserve the ethnic and cultural identity of the tribal. Sr. officials of the company SK Kharey, Avadhesh Kumar Jha, Satish Sharma, Bala ji Goswami, Virender Sharma, Dheewan, Rajan Saklani and K M. Sona were also present on the occasion.