Hydro project on the Chenab approved

25 Jan 2021 Editorial Team

Last week, the Union Cabinet approved an investment of Rs 5,281 crore for the 850 MW Ratle Hydropower Project on the Chenab river in Kishtwar district of Jammu and Kashmir (J&K).

The Centre will have a 51% stake in the project through a joint venture between Jammu & Kashmir State Power Development Corporation Ltd (JKSPDC) and National Hydroelectric Power Corporation (NHPC).

JKSPDC will hold a 49% share in the project. NHPC will invest Rs 808 crore generated from the power PSU's internal resources. The Ratle Hydroelectric Project is scheduled to be commissioned within 60 months.

As per an official statement, the Government of India (GoI) is also supporting the Union Territory (UT) of J&K by providing a grant of Rs 776 crore for an equity contribution of JKSPDC in the joint venture company (JVC). The power generated from the project will help provide balance to the grid and improve the power supply position.

As we have reported, the government plans to speed up hydro-electric power projects in J&K following UT status.

In order to make the project financially viable, the J&K government will extend the exemption from levy of water usage charges for 10 years after commissioning of the project, reimbursement of state's share of GST (SGST) and waiver of free power to J&K in a decremental manner. The free power to the Union Territory would be 1% in the first year after commissioning the project and increase at the rate of 1% per year to 12% in the 12th year, said the statement.

Also read: Mega hydro power projects to come up in J&K

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..