Panchhor Hydro Power is setting up a 24.60 MW hydro power project at Wangtoo, Kinnaur. The project will come up on the right bank of Wanger khad at Kafnoo and transmission line from Wanger- homte switch yard to proposed 220/66 Kv substation at Sherpa colony near Wangtoo. As of February 2015, company has applied for forest clearances.