NHPC, JKSPDC form JV for 850 MW Ratle hydroelectric project

08 Jun 2021 CW Team

NHPC (erstwhile National Hydroelectric Power Corporation), India’s premier hydropower organisation under the Ministry of Power, has set up a joint venture company, Ratle Hydroelectric Power Corporation, with Jammu & Kashmir State Power Development Corporation (JKSPDC), for the execution of the 850 MW Ratle hydroelectric project.

The joint venture company incorporated on 1 June 2021, with NHPC, and JKSPDC, having an equity share of 51% and 49%, respectively. Ratle Hydroelectric Project (850 MW) is a Run of River Scheme built on River Chenab located in the Kishtwar district in the Union Territory of Jammu and Kashmir.

A tripartite memorandum of understanding (MoU) was signed on 3 February 2019, between NHPC, JKSPDC, and the former Government of Jammu and Kashmir in the prominent presence of Prime Minister of India, Narendra Modi.

Additionally, a supplementary MoU for implementation of the Ratle hydroelectric project was signed on 3 January 2021, at Jammu.

The Ministry of Power has already sent investment approval for 850 MW Ratle HE Project formation at an approximate cost of Rs 5281.94 crore. Finally, the promoters agreement was signed on 13 April 2021, heading to the incorporation of Ratle Hydroelectric Power Corporation.

Image Source

Also read: Bihar set to have 130 MW hydroelectric project over Kosi river

Also read: PFC, REC sign up for Bhutan hydro project

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..