NHPC with JKSPDC incorporates Ratle Hydroelectric Power Corporation Limited

NHPC with JKSPDC incorporates a Joint Venture company “Ratle Hydroelectric Power Corporation Limited” for the implementation of 850 MW Ratle Hydroelectric Project.

Daily Current Affairs Quiz 2021

The JVC has been incorporated on 01.06.2021 with NHPC and Jammu & Kashmir State Power Development Corporation Ltd (JKSPDC) holding equity share of 51% and 49% respectively.

Ratle Hydoelectric Project (850 MW), is a Run of River Scheme located on River Chenab, Kishtwar district, Union Territory of Jammu and Kashmir.

In January 2021, the Union Cabinet has given its approval for the investment of Rs.5281.94 crore for 850 MW Ratle Hydro Electric (HE) Project. It shall be commissioned within a span of 5 years.