Srinagar: The NHPC, between 2001-2015, has earned at least Rs 194 billion (Rs 19,431 Crores) from the sale of power generated by the hydel projects based in J&K.
Of this, J&K Government had paid Rs 41 billion (Rs 4,129 Crores) to NHPC to buy 19.7% of the power that was generated by the hydel projects situated in J&K.
Official documents reveal that NHPC has generated 1, 15,636 million units of power from these projects from 2001 to March 2016.
The NHPC data reveals that Salal has generated saleable energy 2973.54 MU in 2014-2015 and earned a profit of Rs 302.31 crore by selling power to different utilities in the country.
Uri-I has generated 2635.70 MU saleable energy, with a profit of Rs 417.87 crore in 2014-15.Dulhasti has generated saleable energy of 1850.94 MU in 2014-15 with a profit of Rs 1068.19 crore.
Sewa-II has generated 479.60 saleable energy with a profit of Rs 221.26 crore.Uri-II has generated saleable energy of 1008.87 MU with a profit of Rs 467.52 crore, Chutak have generated 158.76 MU with a profit of Rs 132.41 crore and Nimmo Bazgo has generated saleable energy of 194.25 MU with a profit of Rs 175.45 crore respectively.
Seven hydel projects were handed over to the NHPC for funding, execution and operation over a period of 10 years under a Memorandum of Understanding (MoU) signed between the J&K Government and GoI. (With inputs from KNS)
Be Part of Quality Journalism
Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.