PTI | Jammu | Updated: 21-02-2021 21:10 IST | Created: 21-02-2021 21:10 IST
A Grievances Redressal Committee (GRC) on Sunday visited the site of 624 MW Keru Hydro Electricity Project (HEP) in Jammu and Kashmir s Kishtwar district to resolve the issues of locals, an official spokesman said.
The residents raised several grievances like seeking preference to local youths during recruitment in the project, payment of pending compensation under Resettlement and Rehabilitation (R&R) Plan, water supply scheme for adjoining hamlets and a protection wall along the link road to Keru project site, the spokesman said.
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Responding to the grievances, Assistant Commissioner Revenue Amir Hussain assured them that 80:20 ratio of locals and non-locals would be ensured in the recruitment process at all stages. Various components of the R&R plan were also discussed and participants were informed that water crisis, payment of pending compensation and construction of a protection wall wo
The Board of NHPC at its meeting held on 11 February 2021 has approved the proposal for taking over of 2% equity share of PTC India (PTC) in Chenab Valley Power Projects (a Joint Venture Company between NHPC (49%), Jammu and Kashmir State Power Development Corporation (49%) and PTC (2%)) by NHPC subject to approval of Ministry of Power, Govt. of India
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India’s government approves $724m hydropower project
Out-Law News | 28 Jan 2021 | 6:09 am |
India has approved a Rs52.8billion ($724 million) investment for 850 megawatt (MW) Ratle hydropower project on Chenab river in Jammu and Kashmir.
A joint venture will be formed for this project by National Hydroelectric Power Corporation (NHPC), India’s largest organisation for hydropower development and Jammu & Kashmir State Power Development Corporation (JKSPDC).
The project will start its commercial operation within five years.
The Jammu and Kashmir state government will extend the water fee exemption period to 10 years after the project starts operating and repay the state s share of goods and services tax. The free electricity is granted by the state on a declining basis, 1% free electricity in the first year of operation and to increase 1% each year and to reach 12% in the 12
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