A dam project, the Malana Hydro Power Station, has brought Malana much closer to the rest of the world and provides revenue for the region. A new road has shortened the walking time from several days to just 4 hours. The Hydro Malana Project has also ruined the beauty of the valley. In 2004, Malana was adopted by Aryan Sharma, a businessman based in Delhi. On 5 January 2008, a raging fire in the village, which burnt for more than 5 hours, destroyed cultural structures and parts of ancient temples located in the village. In 2017, the village ordered the closure of approximately a dozen guest houses and restaurants, ostensibly on the orders of the deity Jamlu.