NEW DELHI: State-run NHPC Ltd has formed a joint venture company—Ratle Hydroelectric Power Corporation Ltd—for the implementation of strategic 850 megawatt (MW) Ratle hydroelectric project in Jammu and Kashmir.
This comes in the backdrop of National Democratic Alliance government’s plan to fully utilise its share of water under the Indus Waters Treaty of 1960. Chenab flows from India into Pakistan.
Mint had earlier reported about India aiming to speed up NHPC’s hydropower projects in Jammu and Kashmir (J&K) following the reorganisation of the state, which has seen unprecedented violence in recent years. NHPC’s projects have been under the terror threat J&K, where the state-run firm is the main supplier of electricity.
