[1] It is located in the Mulshi taluka administrative division of the Pune district of Maharashtra State.

The station operates six 25MW Pelton turbines installed in 1927 and one 150MW Pumped Storage Unit.

Water from this reservoir located in the Krishna River basin is diverted to the Bhira power house for generating Hydro electricity.

In 1920–21, during the construction of the dam and power station, Pandurang Mahadev Bapat led Mulshi Satyagrah, a movement to represent farmers whose land had been taken to build the project.

[2][3] In recent years Mulshi and adjoining areas have been developed as a tourist destination, adding accommodation for leisure guests.