Latest News | Power Min Nod for Pre-investment for Sawalkot Hydro Project
Get latest articles and stories on Latest News at LatestLY. State-run NHPC on Wednesday said the power ministry has approved an investment of Rs 973 crore for the proposed 1,856 MW Sawalkot hydro electric project in Jammu & Kashmir.
New Delhi, Jul 13 (PTI) State-run NHPC on Wednesday said the power ministry has approved an investment of Rs 973 crore for the proposed 1,856 MW Sawalkot hydro electric 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, a BSE filing stated.
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 hydro-electric project which has been postponed since its conception in 1984.
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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)