Rs. 2472.37 Cr received from NHPC as water usage charges from 2010-11: Mir
JAMMU: Power management in the State is a big challenge and Government is making efforts to solve it on priority, the Minister for Horticulture, Haj and Auqaf, Abdul Rehman Veeri said in the Legislative Council today
He informed the House that efforts are being made for return of Dulhasti, Salal and Uri-I HEPs to Jammu and Kashmir.
Earlier, the Minister of State for Power, Mr. Mohammad Ashraf Mir while replying to the main question said that Rs. 2472.37 crore has been received from the NHPC,as water usage charges imposed in the financial year 2010-11 till now.
The Minister said that a Cabinet Sub Committee was constituted to look into various issues associated with transfer of Power Projects to State, which recommended seeking return of Salal, Uri-I and Dulhasti HEPs to the State apart from those transferred to NHPC vide MoU of July 2007.
The Minister said that the J&K State Power Development Corporation (PDC) was authorized to work out the present cost of these projects on the basis of internationally accepted norms that would form the basis of further negotiations with Government of India/NHPC.
The Minister further said JKSDPC has been allocated coal block (Kundnali Lubri in Odisha) jointly with NTPC with an allocated geological reserve of 130 and 266 Million Tonnes respectively. He said the Union Ministry of coal has put a condition that allotment letter shall be issued to the Joint venture Company to be formed by the joint allottees and not to individual parties.
He said in view of the decisions of Board of Directors of JKSPDC engaged M/s SBICAPS as consultants to carry out the viability and sensitivity analysis of various options. He said SBICAPS has furnished a report according to which with a coal availability of 3.40 Million Tonnes per annum, the installed capacity works out to be 660MW (Supercritical unit), however, net financial impact by locating the project in J&K vis-à-vis Odisha is estimated at Rs. 700 crore per annum which translates to over Rs. 18000 crore over the lifetime of the project.
Follow this link to join our WhatsApp group: Join Now
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. |
| ACT NOW |
| MONTHLY | Rs 100 |  |
| YEARLY | Rs 1000 | |
| LIFETIME | Rs 10000 | |
