NHPC invests Rs 18,874 crore in J&K

Excelsior Correspondent
JAMMU, May 3: The NHPC Limited is India’s premier hydropower company and a ‘Mini Ratna’ Category-I Enterprise of the Government of India has invested Rs 18,874 crore in seven operating power stations in J&K having an aggregate installed capacity of 2009 MW and 330 MW project under construction. This was stated in a handout issued by NHPC here today.
It said the Projects of 2964 MW are under various stages of clearance including one 1000 MW project that has received all clearances and about to commence construction.
The long association of NHPC with J&K has forged a strong relationship of goodwill between the local people of J&K and NHPC. Over the years NHPC has not only developed the hydro power potential in the State, but also provided the 12% free power of its total generation from J&K State as well as water usage charges. On account of these, NHPC has paid J&K Government totaling about Rs. 6479 crores. NHPC has generated employment opportunities directly and indirectly and has also undertaken several developmental initiatives under its Corporate Social Responsibility – Sustainable Development (CSR-SD) scheme, the handout added.
It said the NHPC’s commitment towards environment ensures protection and development of natural resources in the vicinity of all its units in the State.
It said NHPC has commissioned seven Hydroelectric Projects in the State so far, thereby adding 2009 MW installed capacity to the State. These projects include Salal Stage-I & Stage-II (690 MW), Uri-I (480 MW), Dulhasti (390 MW), Sewa-II (120 MW), Uri-II (240MW), Chutak (44 MW) and Nimoo-Bazgo (45 MW). Further, Kishanganga (330 MW) Hydroelectric Project is in advance stage of construction. The Detailed Project Report for Bursar Hydroelectric Project (800MW) is under preparation. NHPC, JKSPDC and PTC have promoted a JV Company named “Chenab Valley Power Projects Pvt. Limited” entered into a MoU for implementation of Pakal Dul, Kiru and Kawar Hydroelectric projects aggregating to installed capacity of about 2164 MW in the State.
The handout further said that the State of J&K is extremely important for NHPC and the country for point of view of hydropower potential in the State. NHPC has been associated with J&K for nearly four decades since it was first handed over 345 MW Salal-I Project for construction. Since then there has been no looking back for NHPC and J&K has proved to be a most crucial location for NHPC and has played a very vital role in making NHPC the largest player in hydropower in the central sector today.

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