Gati Bhasmey, a special purpose vehicle belonging to Gati Infrastructure is planning to develop the 62 MW Run of the River, Bhasmey Hydro Electric Power Project (BHEPP). The project is located on the river Rangpo, a major tributary of Teesta River in the East District of Sikkim. The project was awarded by Government of Sikkim (GoS) and Sikkim Power Development Company (SPDC) on Build, Own, Operate and Transfer (BOOT) basis for a period of 35 years from the scheduled Commercial Operations Date (COD). As of December 2015, the project is under implementation.