To expedite the execution of 660 MW Kisau hydro power project, which will be developed between Uttarkhand and Himachal Pradesh, the State Chief Secretary Subhash Kumar held a meeting with his Himachal Pradesh counterpart on Tuesday. In this regard, the State had a meeting with HP in the presence of PMO on September 13 during which it was decided that 90 per cent of the expenditure would be borne by the Union Government and 10 per cent by the State Government. As it is a joint venture of UK and HP both the States will spend 10 per cent on their lands. During the meeting, it was decided that three directors each will be appointed from HP and UK. later, all the six directors will select three independent directors. Its managing director would work on rotational basis. For one year, it would be led by the one from HP and the next one by one from UK. The project cost would be Rs9,000 crore and both the States would get 330 MW each after the completion of the project.