Joint venture project to generate 2,100 MW in J&K
7 June 2008
: The Jammu and Kashmir Power Development Corporation (JKPDC) and the National Hydroelectric Power Corporation (NHPC) will soon sign a memorandum of understanding on a joint venture in power projects in the State to generate 2,100 MW, Union Minister of State for Power and Commerce Jairam Ramesh said here on Saturday. The State will get 62 per cent share in the power produced by these projects, the Minister said after discussions with the officials of JKPDC to work out the details about the MoU. “The MoU is likely to be signed by the end of this month,” he said adding that the draft was ready. “The Pakaldul is the major project in Doda, which will be covered under the MoU and has the capacity of 1200 MW. The Keero and the Kawar are the other projects,” he said. Mr. Ramesh said that J&K had enormous potential for power production, but little of it was being utilised. He hoped that with the completion of the projects in hand the production would go up to 19 per cent. He said work on the Kishan Ganga project in north Kashmir was also on and it would produce 330 MW. “This is a very important project and Pakistan is also building a power project on the Neelam river on the other side with Chinese help.” The Minister said another project, Ratley (690 MW) in Doda would also be handed over to the JKPDC. Mr. Ramesh said India was buying power from Bhutan and till 2020, “we will buy 5,000 MW.” In Nepal also three to four projects were coming up through private partnership. “If we could buy power from Bhutan why not produce it here and transmit the surplus power to the rest of the country” he said adding that Arunachal Pradesh had 40,000 MW power potential. In 10 years we can develop a hydroelectric hub in Arunachal Pradesh and Jammu and Kashmir,” he said. On Baghliar, he said it would be completed in all respects by March 2009 to generate 450 MW. The State government had sought Rs. 600 crore additional assistance to meet the cost escalation. “The Power Ministry has recommended the same to the Planning Ministry and we are waiting for their approval,” he said.