BSCPL has forayed into the development and operations of Hydro Electric Power Projects. It has, in a Joint Venture with 50% share, received Letter of Intent (LOl) from Sikkim Government for a 144 MW Project. In addition to this, the company proposes to undertake development of mini hydel plants as well. The underlying reason for undertaking development and owning of such projects is on account of the massive construction work they would entail. The company proposes to undertake such projects up to a cumulative capacity of 300 MW. These projects will be undertaken through Special Purpose Vehicles (SPVs) incorporated specifically for these projects.