SRINAGAR: The Jammu & Kashmir administration and the Union government signed several MOUs in the power sector, which would draw in investments to the tune of Rs 35,000 crore to the UT, Manoj Sinha, lieutenant governor of J&K, said on Sunday.
Sinha said the Union territory would turn from a power-deficit to power-surplus region within four years and that there would be 24-hour power supply once the projects come on line.
The MoUs were inked to begin work on the much-awaited mega hydropower projects including 850 MW Ratle HEP and 930 MW Kirthai-II HEP, apart from the completion of the long-pending Sawalkot HEP (1,856 MW), Uri-I (Stage-II) (240 MW), and Dulhasti (Stage-II, 258 MW) on Sunday at Jammu.
The signatories from the Union government included Raj Kumar Singh, minister of state for power, new & renewable energy and Jitendra Singh, MOS in the PMO.
The trio inaugurated 19 important projects of the power development department (PDD) of J&K aimed at greater generation, efficient transmission, and better distribution of power supply in the UT, an official spokesman said.
Speaking on the occasion, Raj Kumar Singh assured J&K government every support of the GoI for various reforms in the power sector. He said hydroelectric potential successfully ushered the era of development in various states including Sikkim and Himachal Pradesh and J&K should replicate the model.
The national average for supply of electricity in rural areas is 20 hours and in urban areas is 22-23 hours. J&K, too will reach the milestone if the pace of development is kept the same, he said.
"Locals will be trained and given employment in NHPC ventures; besides, NHPC will develop small hydro projects also. We have to do our bit to see electricity reaching every household 24x7," Raj Kumar said.
“J&K is taking a quantum leap from being power deficit to becoming power surplus in the next four years. For uninterrupted power supply, this is the most significant move by the J&K government,” Sinha said.