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23-Jan-21

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Cabinet approves the Investment Proposal of Rs. 5281.94 crore for 850 MW Ratle Hydro Power Project

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.
The project includes 133 metres tall gravity dam and two power stations.
The main power station of the project will contain four 205 MW Francis Turbines.
The auxiliary power station of the project will contain 30 MW of Francis Turbine.
The foundation stone to construct the dam was laid by Prime Minister Manmohan Singh in 2013.
Government of India is also supporting the Union Territory of Jammu and Kashmir by providing grant of Rs. 776.44 crore for Equity contribution of JKSPDC in the JVC to be set up for construction of Ratle HE Project (850 MW).
NHPC shall invest its equity Rs.808.14 crore from its internal resources. The Ratle Hydro Electric Project shall be commissioned within a span of 60 months. The Power generated from the Project will help in providing balancing of Grid and will improve the power supply position.
According to Pakistan, the Ratle Hydropower Project violates Indus Water Treaty.
According to Indus Water Treaty, the western rivers such as Indus, Chenab and Jhelum were allocated to Chenab. According to Pakistan, as the project is built across Chenab, it violates the treaty. However, the treaty also says that the waters can be used by India for specified domestic and agricultural use as provided by the treaty.
The eastern rivers such as Beas, Ravi and Sutlej are to be used by India.

By: Rohit Middha

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