In a major boost to the state energy sector, the central power ministry has cleared the largest ever hydropower project for J&K with installed capacity of 1856-MW.
The power development corporation (PDC) received the techno-economic clearance for the run-of-the-river Sawlakote project from the central electricity authority last week, said a senior official in the corporation which will own the project.
“It is a big step forward towards expansion of the hydro power sector,” the official said.
Coming up on the Chenab basin between the state-owned Baglihar and the NHPC-run Salal, the project has been approved at Rs 20,317.66 crore on 70:30 debt ratio and will be completed in eight years.
The Sawlakote was originally conceived in 1964 but it took authorities 24 years to come up with its first feasibility report before it got mired into controversies. Read More
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