JV Formed By NHPC For J&K Hydropower Project
Power ministry's PSU NHPC has formed a joint venture company—Ratle Hydroelectric Power Corporation Ltd for the strategic 850 megawatts (MW) Ratle hydroelectric project in Jammu and Kashmir. The JV is formed with Kashmir State Power Development Corporation Ltd. The NHPC and the local power body hold an equity share of 51% and 49% respectively.Â
The move is as per the plan to utilize India's share of water under the Indus Waters Treaty of 1960. The hydropower project is a Run of River Scheme located on River Chenab, Kishtwar.Â