J&K to be made power surplus region via hydropower
11 January 2021
Several Memorandums of Understanding (MoUs) were signed recently for implementation of much awaited Mega Hydro Power projects, in a bid to make Jammu and Kashmir a power surplus region in the country.
According to an official release, the MoUs were signed between Power Development Department (PDD), J&K; National Hydroelectric Power Corporation (NHPC) Ltd and J&K Power Development Corporation, in the presence of RK Singh, Union Minister of State (Independent Charge) for Ministry of Power; Manoj Sinha, Lieutenant Governor of J&K, and Dr Jitendra Singh, MoS, PMO.
The occasion also witnessed the inauguration of as many as 19 important projects of PDD aimed at greater generation, efficient transmission, and better distribution of power supply in J&K during the Mega inauguration ceremony, the release said.
During his address, Manoj Sinha observed that the MoUs would attract investments worth Rs 35,000 crore for Jammu and Kashmir power sector and ensuring the region's energy security and 24-hour power supply to the people of J&K.
As per the provisions of these MoUs, the projects will be handed over back to Jammu and Kashmir after 40 years of commercial operation which was not in the case of earlier projects allotted to NHPC Limited, he remarked.
Speaking on tapping the potential of hydro energy, the Lt Governor observed that the vision of the Government is to effectively harness hydro energy resources of J&K to double the energy generation by 2024.