NHPC, JKSPDC form JV for 850 MW Ratle hydroelectric project
POWER & RENEWABLE ENERGY

NHPC, JKSPDC form JV for 850 MW Ratle hydroelectric project

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

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

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?