Ministry nod for pre-investment of Sawalkot hydro project

NHPC said the Power Ministry has approved an investment of Rs 973 crore for the proposed 1,856 MW Sawalkot hydroelectric project in Jammu & Kashmir. The Ministry of Power has accorded investment approval for pre-investment activities for Sawalkot HE Project in UT of Jammu & Kashmir for an amount of Rs 973 crore at November 2021 price level. Sawalkot project is a run-of-the-river project proposed on the river Chenab in district Ramban & Udhampur of Jammu & Kashmir. NHPC in January 2021 signed an MoU with the J&K administration for developing the much-delayed Sawalkot hydroelectric project which has been postponed since its conception in 1984.