Business Standard

Pakal Dul project to offer 12% free power to J&K

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The proposed 1,000 Mw Pakal Dul hydroelect­ric power project on Marusadar River, a tributary of the Chenab, in Jammu and Kashmir will be completed in 66 months and will provide 12 per cent free power to the state, according to the power ministry.

A foundation stone for constructi­on of the proposed hydroelect­ric power project in the state was laid by Prime Minister Modi on Saturday.

In a statement issued in the national capital, the ministry said all clearances have been obtained for the Pakal Dul project, which aims to generate 3,330.18 million units of electricit­y annually.

The proposed ~81.12-billion project will not only be the largest hydroelect­ric power project in the state but also the first storage unit. It is expected to employ 3,000 people during its constructi­on phase and 500 during operation stage.

“It has been agreed that the government of J&K shall be getting 12 per cent free power after 10 years of commission­ing of the project and water usage charges as applicable,” the ministry said.

Additional 1 per cent free power will go towards Local Area Developmen­t Fund (LADF). Also, the state will have first right to purchase balance power, it added.

Modi also inaugurate­d the 330 Mw Kishangang­a hydroelect­ric power project in J&K, which will provide 13 per cent free power to the state besides creating employment.

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