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Shiga Energy Pvt. Ltd.
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an independent power producer signed an MOU with the Sikkim
Government in September 2008 for the implementation of the 88 MW
Ting Ting Hydro-Electric Project (JLHEP) on a Build, Own,
Operate and Transfer (BOOT) basis. The operational period
extends for 35 years from commercial operation date of the
project. Shiga Energy Pvt Ltd is promoted by the DANS Group. It
is a special purpose vehicle for the implementation of Tashiding
Hydro Electric Project. After review of the Feasibility study,
the capacity of the project was increased from 88 MW to 97 MW in
the Detailed Project Report. The DPR was approved by the Sikkim
Power Development Corporation in March 2009
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