The project will entail an investment of Rs 1,200 crore. It will spread over 26,200 ha of land, include construction of 3.9 km long and 45 mtr high earth dam across the river Sone connecting Kadwan and Matiawan villages on the right and left banks in Palamu and Rohtas districts respectively.

The project envisages construction of a storage dam having a reservoir with gross storage of about 4170 MCM at FRL of 173.0 mtr to meet Municipal and Industrial (M&I) demands, enhance irrigation potential and irrigation intensity of downstream Indrapuri Barrage.

The benefits also include Hydropower Generation and Flood Control. The water released from the project will be based on the irrigation demand from downstream Sone Canal system, taking off from Indrapuri barrage located about 70 km downstream of the proposed Indrapuri storage dam. In September 2005, the company received approval by the government of Madhya Pradesh. It is now awaiting approval by the government of Uttar Pradesh.

The undertaking was in planning stage till 2012, and finally in December 2017, terms of reference (ToR) was granted.

As per the latest information available with Projects Today, detailed project report (DPR) is underway to set up either (three x 100 MW) units or (four x 75MW) units.