The Ministry of Water Resources, Government of India has started the National Hydrology Project with the help of World Bank. This project is the next phase of the former Hydrology Project Phase-II. The agreement was signed on 23.6.2016 between the International Bank of Reconstruction and Development (I.B.R.D.) and the Government of India, having total allocation is Rs.3678.7677 Crores. The project is effective from November, 2016. The duration of the project is 8 years and is likely to be completed by 2024. In this project, BBMB has been allocated Rs. 30.00 Crores.

Each Generating unit of Bhakra Left Bank Power House is having original designed capacity of 90 MW. These were subsequently up-rated to 108 MW and is being uprated from 108MW to 126 MW. The present Generation capacity of this Power House is 540 MW (5X108 MW) is now being up-rated to 630 MW (5X126 MW). The contract of Renovation, Modernization & uprating has been awarded to M/s Sumitomo Japan, M/s Hitachi, Japan & M/s Andritz, Austria for the approximate cost of Rs. 490 Crores. R,M & U of 5 Nos. Units is being done in systematically manner and shall be completed by October, 2019.