NHPC hopes 2 projects in J&K will not go to State Govt

MUMBAI: State-run NHPC is hopeful of keeping two of its projects in Jammu and Kashmir with itself even as the State Government is in talks with the Centre to take over the power plants at Dulhasti and Uri.

J&K finance minister Haseeb Drabu last month said the State wanted to take over the two power projects of NHPC, citing such an agreement in the ruling PDP-BJP alliance’s agenda and that he had held extensive discussions with the Centre on the modalities of the takeover.

“The discussions are on at the Central level but we are hopeful that the projects will not go to the state,” an official from the State-run NHPC said here.

The PDP-BJP Government’s ‘agenda of alliance’ talks about exploring modalities for transfer of NHPC-owned 390-mw Dulhasti and 480-mw Uri hydro power projects to the State, securing a share in the profits of NHPC emanating from J&K waters to the State and revising all agreements with the company. (AGENCIES)