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Experts pick holes in J&K's signing MoUs with NHPC for hydro power projects


Srinagar: On 4th of June 2018, Sunil Sharma the then Minister for Power in the PDP-BJP coalition government announced, “I am hosting (first-ever) global investor meet for harnessing the huge hydro power potential of J&K”.
Two-and-half years down the line no global investor has come and Kashmir “scandalously” remains one of the energy-deprived hotspots in the subcontinent.
Interestingly, the water resources of the erstwhile state continue exclusively to be kept open for exploitation by National Hydroelectric Power Corporation (NHPC), a profitable hydropower public sector enterprise of the Government of India.
Instead of following a policy of creating its indigenous hydle power assets, the rulers have religiously followed a “guide book” of endowing the water resources of Jammu and Kashmir to the NHPC. ....

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Grievances redressal panel visits Keru HEP in JK's Kishtwar to resolve public issues


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 pro ....

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Stocks to watch: HDFC Bank, RIL, BPCL, Oil India, IndiGo, CBS Bank, GCPL


Here are the top stocks to watch in today s session:
HDFC Bank: HDFC Bank has witnessed a loan growth of 19 per cent to Rs 10,82,000 crore during the third quarter ended December 2020. The bank had an outstanding loan of Rs 9,36,000 crore as of December 31, 2019, and a growth of around 4 per cent.
IndiGo: IndiGo will now be able to operate longer overseas routes with its 29 Airbus A320/A321neos, powered by modified P&W engines, getting extended diversion time operations (EDTO) approval from aviation regulator DGCA, according to a report by PTI.
CSB Bank: Private sector lender CSB Bank on Tuesday said SBI Mutual Fund has increased its stake in the bank to over 5 per cent. According to a regulatory filing by CSB Bank, the stake of the fund house rose from 4.96 per cent to 5.01 per cent following the acquisition of an additional 86,993 shares. ....

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Stocks in news: HDFC, HDFC Bank, RIL, Bajaj Finance, Hero MotoCorp, Godrej Consumer


Stocks in news: HDFC, HDFC Bank, RIL, Bajaj Finance, Hero MotoCorp, Godrej Consumer
Stocks to watch today on January 6: HDFC, HDFC Bank, RIL, Bajaj Finance, Hero MotoCorp, Godrej Consumer among others are the top stocks to watch out for in Wednesday s trading session
BusinessToday.In | January 6, 2021 | Updated 09:32 IST
Stocks to watch today on January 6
Stocks to watch today: Here is a list of top stocks that are likely to be in focus in Wednesday s trading session based on latest developments.
HDFC: The lender is planning to raise up to Rs 5,000 crore by issuing secured redeemable non-convertible debentures on private placement basis. ....

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