NHPC, JKPDD & JKSPDC enter into MoU for Ratle Hydroelectric Project

Srinagar: A Memorandum of Understanding (MoU) was exchanged among NHPC Limited, Jammu & Kashmir State Power Development Department (JKPDD) and J&K State Power Development Corporation (JKSPDC) for execution of 850 MW Ratle Hydroelectric Project in the presence of Prime Minister, Narendra Modi at Vijaypur in Samba district of Jammu today.

J&K Governor – Satya Pal Malik, Union Minister of State for Development of North Eastern Region – Dr Jitendra Singh, Speaker J&K Legislative Assembly – Dr Nirmal Singh, Member of Parliament – Jugal Kishore Sharma and Member of Parliament – Shamsher Singh Manhas were present on the occasion.

On the occasion, Aniruddha Kumar, Joint Secretary (Hydro), MoP, Government of India, Ratish Kumar, Director (Projects), NHPC, N.K. Jain, Director (Personnel), NHPC, M.K. Mittal, Director (Finance), NHPC, Janardan Choudhary, Director (Technical), NHPC and other senior officers from NHPC, JKPDD, JKSPDC and state government were also present.

Earlier, Balraj Joshi, CMD, NHPC signed the MOU on behalf of NHPC, whereas Hirdesh Kumar, Commissioner/Secretary to Government of J&K & Managing Director JKSPDC signed the documents on behalf of JKPDD and JKSPDC.

The project will be executed through a joint venture between NHPC and JKSPDC.

Located in Kishtwar district of J&K, the Ratle Hydroelectric Plant is a run-off-river/pondage scheme on Chenab River. The project is covered under the Indus Water Treaty 1960 between India & Pakistan.

The project will have an installed capacity of 850 MW (4×205 MW + 1×30 MW) and is designed to generate 3136.80 Million Units in a 90% dependable year. The expected completion cost of the project is Rs 6215.61 crore.

The construction of this project will enhance socio-economic & infrastructure development in the area besides generating employment opportunities.

NHPC is a Category-A Miniratna Company under Ministry of Power, Government of India in the field of hydropower. With 24 operational projects and an installed capacity of 7071.2 MW, it has emerged as a premier company in the field of power generation through conventional and non-conventional sources. The company has 3 projects (3800 MW) under construction including 1000 MW Pakal Dul project in J&K state in a joint venture with JKSPDC.