POWER

MoUs signed to make J-K power surplus region via hydro power

Several Memorandums of Understanding (MoUs) were signed on Sunday for implementation of much awaited Mega Hydro Power projects, in a bid to make Jammu and Kashmir a power surplus region in the country.

According to an official release, the MoUs were signed between Power Development Department (PDD), J&K; National Hydroelectric Power Corporation (NHPC) Ltd and J&K Power Development Corporation, in the presence of RK Singh, Union Minister of State (Independent Charge) for Ministry of Power; Manoj Sinha, Lieutenant Governor of J&K, and Dr Jitendra Singh, MoS, PMO.

The occasion also witnessed the inauguration of as many as 19 important projects of PDD aimed at greater generation, efficient transmission and better distribution of power supply in J&K during the Mega inauguration ceremony, the release said.

During his address, the Manoj Sinha observed that the MoUs signed today would attract investments worth Rs 35,000 crore for Jammu and Kashmir power sector and ensuring the region’s energy security and 24-hour power supply to the people of J&K.

“J&K is taking a quantum leap from being a power deficit to becoming a power surplus in the next four years. For the uninterrupted power supply, this is the most significant move by the J&K government”, said the Lt Governor.

Source
ET Energy World
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