This lake lies 45 km north of Mandi, with a three storied pagoda like temple dedicated to the sage Prashar. The Lake is located at an height of 2730 m above sea level. With deep blue waters, the Lake is held sacred to the sage Prashar and he is regarded to have meditated here. Framed by snow-capped peaks and looking down on fast flowing river Beas, the Lake can be approached via Drang. Every year in the month of June, famous traditional fair is held here. Several camping sites are also located here and it is the base for numerous easy & hard treks.