A major financial dispute has surfaced in Himachal Pradesh’s energy sector, with hydropower developers collectively owing the Himachal Pradesh State Electricity Board (HPSEB) more than ₹1,177 crore. The dues stem from costs related to feasibility studies, surveys, and detailed project reports (DPRs) conducted before project execution. Among these, the Baspa-II project alone accounts for ₹874.69 crore, making it the largest single debtor.