+
 Kwar hydropower project receives grant of Rs 4,526 crore
POWER & RENEWABLE ENERGY

Kwar hydropower project receives grant of Rs 4,526 crore

On Wednesday the Cabinet Committee on Economic Affairs sanctioned the investment of Rs 4,526.12 crore for the Kwar Hydro-electric project of 540 MW located on Chenab River in Kishtwar district, Jammu and Kashmir.

This forms a part of the Indus basin and will be one of the minimum four upcoming projects in the district, comprising the Pakal Dul hydroelectric project of 1,000 MW and the run-of-the-river Kiru hydroelectric project of 624 MW.

Under the 1960 vintage Indus Water Treaty (IWT) established between India and Pakistan, both the countries share the six rivers in the Indus basin flowing through India towards Pakistan. Out of which, India has full rights over three eastern rivers, Beas, Sutlej, and Ravi, and Pakistan over the western rivers - Jhelum, Chenab, and Indus.

However, India can build run-of-the-river projects on the western rivers as well. In the last five years, the government has been approving construction projects to tap into the potential in the Indian part of the Indus basin.

The Kwar hydropower project would be implemented by Chenab Valley Power Projects Private Limited (CVPPL), a joint venture between NHPC Limited and Jammu and Kashmir State Power Development Corporation (JKSPDC) having equity contributions of 51% and 49% respectively.

The project would generate 1,975.54 million units within a 90% dependable year. The government of India extended a grant of Rs 69.80 crore for the cost of enabling infrastructure while supporting the Union Territory of Jammu and Kashmir by sanctioning a grant of Rs 655.08 crore for the equity contribution of JKSPDC in VPPPL. NHPC will invest its equity of Rs 681.82 crore from its internal resources.

Image Source

On Wednesday the Cabinet Committee on Economic Affairs sanctioned the investment of Rs 4,526.12 crore for the Kwar Hydro-electric project of 540 MW located on Chenab River in Kishtwar district, Jammu and Kashmir. This forms a part of the Indus basin and will be one of the minimum four upcoming projects in the district, comprising the Pakal Dul hydroelectric project of 1,000 MW and the run-of-the-river Kiru hydroelectric project of 624 MW. Under the 1960 vintage Indus Water Treaty (IWT) established between India and Pakistan, both the countries share the six rivers in the Indus basin flowing through India towards Pakistan. Out of which, India has full rights over three eastern rivers, Beas, Sutlej, and Ravi, and Pakistan over the western rivers - Jhelum, Chenab, and Indus. However, India can build run-of-the-river projects on the western rivers as well. In the last five years, the government has been approving construction projects to tap into the potential in the Indian part of the Indus basin. The Kwar hydropower project would be implemented by Chenab Valley Power Projects Private Limited (CVPPL), a joint venture between NHPC Limited and Jammu and Kashmir State Power Development Corporation (JKSPDC) having equity contributions of 51% and 49% respectively. The project would generate 1,975.54 million units within a 90% dependable year. The government of India extended a grant of Rs 69.80 crore for the cost of enabling infrastructure while supporting the Union Territory of Jammu and Kashmir by sanctioning a grant of Rs 655.08 crore for the equity contribution of JKSPDC in VPPPL. NHPC will invest its equity of Rs 681.82 crore from its internal resources. Image Source

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code