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Union budget increases strategic Pakul Dul hydropower project' allocation by 61.25%


Union budget increases strategic Pakul Dul hydropower project’ allocation by 61.25%
India wants to expedite establishment of important hydropower projects in Jammu and Kashmir post its reorganization
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New Delhi: With an eye on Pakistan, finance minister Nirmala Sitharaman on Monday increased the budgetary allocation of strategically important Pakul Dul hydropower project on Marusudar river, a tributary of Chenab by 61.25% to ₹602.53 crore for the next financial year.
The government plans to expedite the construction of the 1,000 megawatts (MW) project, which will be the first storage hydropower project in Jammu and Kashmir.
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Budget may raise central aid to expedite Pakul Dul project


Budget may raise central aid to expedite Pakul Dul project
Pakistan has objected to the 1,000MW hydropower project in Jammu and Kashmir
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Prime Minister Narendra Modi had laid the foundation stone of the Pakal Dul project in May 2018
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NEW DELHI :
The Union budget may provide greater assistance to expedite the construction of the strategically important Pakul Dul hydropower project on Marusudar river, a tributary of Chenab river that flows from India into Pakistan, said two government officials aware of the development. This assumes significance against the backdrop of Pakistan’s objections to the 1,000 megawatts (MW) project, which will be the first storage hydropower project in Jammu and Kashmir. ....

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