Srinagar, May 21 (Scoop News) – The Chief Minister of J&K Omar Abdulla approved the proposal for streamlining and re-organization of j&k Power Development Corporation (JKPDC) so that the Corporation is able to emerge as one of the ideal and powerful Corporation like J&K Bank, and all the Officers, Engineers and other staff deployed for execution of work in the Corporation are able to render their duties with full incentives and job benefits.
Omar Abdullah while chairing a high level Board of Directors meeting of Jammu and Kashmir Power Development Corporation (JKPDC) held at Civil Secretariat in Srinagar today said, “Time has come to formally assess all the losses which the Jammu and Kashmir State has suffered in sequel to Indus-Water Treaty, by utilizing the services of reputed consultants so that the authentic figure of such losses is projected at relevant meetings for compensation whatever becomes due”.
He stressed for generating full efficiency in the Corporation so that the target of tapping 3000 MW of power during next 4 years is achieved comfortably, which will not only make J&K self sufficient in Hydro Power but the state will also be able to earn huge revenue out of surplus power.
The meeting was informed that PDC is fully geared up to clear all power generation projects on fast track basis, so that the target fixed for harnessing rich hydel potential of the State is achieved in a time bound manner .All the necessary steps and procedural formalities stand completed to kick start an ambitious 690 MW Ratlay power project. The tariff bidding process stands completed where under State will be able to receive 15 % free power and additional 1% cost will be spent on the development of Kishtwar area where Ratlay project is being launched. Similarly, 55% power will be provided to the State on Rs.1.44 paisa per unit.
The Chief Minister directed JKPDC to take up the challenge and start seriously working for making the state of Jammu & Kashmir as one of the ideal and efficient power generating State of the country. He said that God has bestowed the State not only with natural beauty but real Hydro treasure is concealed in different parts of our state. He said that if we compare our state with any part of the world we should be proud of the fact that hydro electricity power is abundantly available here and JKPDC has been assigned with the job to adopt all possible methods, so that we are not only able to take benefit of our hidden hydro power but also be able to use the source for the development of our state. He said wherever new power projects are being taken up special attention may be made to develop the area as well and create ideal developmental infrastructure in the particular area. He is satisfied with the road map which has been presented for developing different power projects and exploring maximum hydro power through these projects. He hoped that not a single second will be wasted by the corporation to achieve its goal.
The Board also reviewed ongoing construction work of 450 Baglihar stage II Power Project. The board was informed that all works are in full progress and JKPDC is determined to ensure completion of the project within the targeted period, which is 2012. The Chief Minister advised them that proper calendar of construction should be maintained and at no point any situation should be allowed to occur whereunder target date is delayed and any stage. The board also reviewed 93 MW Ganderbal Power Project and 240 Karthai Power Project.
The meeting was attended by Economic Advisor to J&K Government, Jaleel Ahmad Khan, Chief Secretary, S. S. Kapoor, Principal Secretary PDD, B. R. Sharma, Commissioner/ Secretary Planning B. B. Vyas, Director General Budget, Ravi Mangotra, Director Finance JKPDC, Director Information, Khawaja Farooq Renzu and other senior level officers of PDC and other departments.