In 2021, Manikaran made inroads as an IPP by acquiring approx. 15 MW of Hydro-Electric projects in Himachal Pradesh under Manikaran Hydro Private Limited. These are Small Hydro-Electric Projects having installed capacities of 2 x 2.5 MW situated in Drinidhar and 2 x 2.5 MW situated in Upper Khauli.
At the time of their commissioning in 2010, Drinidhar and Upper Khauli Small Hydro Power Plants were a major step towards harnessing the hydroelectric potential in the state of Himachal Pradesh as it utilized the inflow of the tributaries, namely Brahl Khad & Khauli Khad of the river Beas towards the generation of power on the run-of-the-river basis.
DRINIDHAR SMALL HYDROPOWER PROJECT
Capacity : 2 x 2.5 MW
Location : Kangra District of Himachal Pradesh
Project Type : Run-of-the-River
River : Brahl Khad, A tributary of the Beas River
Status : The commercial Operations have started with effect from 29 March 2010.
Power off-taker: Himachal Pradesh State Electricity Utility (HPSEB) through a 40 year PPA.

UPPER KHAULI SMALL HYDROPOWER PROJECT

Capacity : 2 x 2.5 MW
Location : Kangra district of Himachal Pradesh
Project Type : Run-of-the-River
River : Upper Khauli Khad, A tributary of the Beas River
Status : The commercial Operations have started with effect from 29 March 2010.
Power off-taker: Himachal Pradesh State Electricity Utility(HPSEB) through a 40 year PPA.
MANUNI – II (INDIRA PRIYADARSHINI HYDRO POWER PVT LTD)
Capacity : 2 x 2.4 MW
Location : Kangra, Dharamshala
Status : Under Construction
