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

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..