Sinha announces historical decision for J&K

KT NEWS SERVICE. Dated: 1/21/2021 12:58:33 PM

JAMMU, Jan 20: Lieutenant Governor, Manoj Sinha today held a Press Conference to announce the approval of Ratle Hydroelectric Project cleared by the Union Cabinet chaired by the Prime Minister, Narendra Modi.
Terming it as a historical decision for making J&K power surplus UT, the Lt Governor thanked the Prime Minister Narendra Modi for approving the much awaited 850 MW Ratle Hydroelectric Project in Jammu & Kashmir at an investment of Rs.5282 Crores and ensuring the unprecedented development of Jammu & Kashmir.
Mentioning the lacklustre approach of the earlier Governments towards the execution of this important Hydroelectric Power Project, the Lt Governor said that Jammu & Kashmir was deprived of this mega project for so long because the previous regimes were scared to move ahead due to Pakistan’s threats of going to International court for arbitration, and making representation in the World Bank.
But, today the nation is under the strong and decisive leadership of Prime Minister Narendra Modi, who is taking bold decisions for the welfare of the people of J&K and has ensured that this project sees the light of the day, besides also providing Equity contribution support to the Union Territory of Jammu and Kashmir.
The Lt Governor observed that four more projects (Kirthai-II (930MW), Sawalkot (1,856MW), Uri-I (Stage-II) (240MW) and Dulhasti (Stage-II) (258MW) involving an investment of Rs.31,000 Cr have also been decided to be taken up for construction. These projects together with the two ongoing projects of Pakaldul (1000 MW) and Kiru (624MW) on Chenab river and its tributaries will result in an investment of about Rs.52,821 Crores and create more than 12000 jobs in the Union Territory.

 

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