Explanation:

• The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi, has given its approval for the investment of Rs.5281.94 crore for 850 MW Ratle Hydro Electric (HE) Project located on river Chenab, in Kishtwar district of Union Territory  of Jammu and Kashmir.
• It is a joint venture of Jammu and Kashmir State Power Development Corporation and National Hydroelectric power corporation. The share of NHPC in the project is 49% and that of Jammu and Kashmir State Power Development Corporation is 51% respectively.
• The project is to be commissioned within 60 months.
• The project is expected to provide direct and indirect employment to more than four thousand individuals.