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Union Power Minister urges water cess waiver in J&K

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Union Minister of Power and Housing & Urban Affairs, Shri Manohar Lal, reviewed the power and urban development sector in Jammu & Kashmir during his visit to Srinagar. He urged the Union Territory (UT) to consider waiving the water cess on hydro projects to lower electricity costs for consumers. The Union Minister inaugurated several transmission infrastructure upgrades, including: 132/33 kV Grid Station, Awantipora – Capacity increased from 145 MVA to 175 MVA Grid Station, Wanpoh…

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J&K plans 10 MW agro-solar power plant at GT-Pampore

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The Government of Jammu & Kashmir (GoJK) has planned a 10 MW solar power plant (SPP) at the decommissioned land of Pampore Gas Turbine (GT-Pampore). Jammu & Kashmir State Power Development Corporation Limited (JKSPDC) is expected to implement the project. The project will be developed in phases, with 5 MW in the first phase on vacant land at GT-Pampore. The total land area under GT Phase-I (3×25=75 MW) and Phase-II (4×25=100 MW) is 22.77 hectares…

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Jammu & Kashmir plans 50 MVA GIS substation

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The Government of Jammu & Kashmir (GoJK) has proposed a 50 MVA, 220/33 kV gas-insulated substation (GIS) at Batkote in Pahalgam.  The project is expected to be implemented through a tariff-based competitive bidding (TBCB) process as part of the state’s transmission plan for 2022-27. According to the Central Electricity Authority (CEA), Jammu & Kashmir had no targets for transmission capacity additions at 220 kV and above for the financial year 2024-25. Additionally, no new transformation…

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REC signs loan agreement for Pakal Dul Hydro Electric Project

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REC Limited has entered into a term loan agreement worth Rs 21.47 billion with Chenab Valley Power Project Limited (CVPPL) to support the development and construction of the 1,000 MW Pakal Dul Hydro Electric Project.  This follows the Request for Proposal (RfP) bids, in which four firms were shortlisted for a total rupee term loan (RTL) facility of Rs 63.69 billion for the project. These firms include Housing and Urban Development Corporation (HUDCO), Power Finance…

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RECPDCL incorporates SPV for ISTS project in Jammu & Kashmir

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REC Power Development & Consultancy Ltd (RECPDCL) established a project special purpose vehicle (SPV) named “Ratle Kiru Power Transmission Ltd” on October 23, 2024, as a wholly-owned subsidiary. This SPV will develop the ISTS scheme titled “Transmission scheme for evacuation of power from Ratle HEP (850 MW) & Kiru HEP (624 MW): Part-A” in Jammu & Kashmir. The scheme, estimated to cost Rs 12.14 billion with a gestation period of 24 months, will provide ISTS…