State-run NHPC incorporated a joint venture company with Jammu Kashmir State Power Development Corporation Ltd and PTC India Ltd to implement 2,100 mw hydroelectric power comes within the state. The joint venture company - Chenab Valley Power comes - would found out Pakal Dul and alternative hydroelectric comes of 2,100 mw capability in Chenab river basin of Jammu and Kashmir, NHPC said during a regulatory filing on Tuesday.
NHPC had in December last year inked a promoter's agreement with Jammu and Kashmir State Power Development Corp and PTC India for putting in place the new entity. Jammu and Kashmir State Power Development Corp and NHPC would own forty ninth stake every within the joint venture firm whereas the remaining shareholding would be with PTC India.
NHPC plans to speculate Rs 5,090 crore within the current money year toward ten comes with 4502-mw capability. the corporate is getting ready detailed project reports for seven comes, having a complete capability of 2,485 mw. The company's four comes with 1,080-mw capability are probably to become operational this year. the corporate has been ready to add solely 2,200-mw throughout 2007-12 against the targeted 5,300-mw.
NHPC had in December last year inked a promoter's agreement with Jammu and Kashmir State Power Development Corp and PTC India for putting in place the new entity. Jammu and Kashmir State Power Development Corp and NHPC would own forty ninth stake every within the joint venture firm whereas the remaining shareholding would be with PTC India.
NHPC plans to speculate Rs 5,090 crore within the current money year toward ten comes with 4502-mw capability. the corporate is getting ready detailed project reports for seven comes, having a complete capability of 2,485 mw. The company's four comes with 1,080-mw capability are probably to become operational this year. the corporate has been ready to add solely 2,200-mw throughout 2007-12 against the targeted 5,300-mw.
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