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NHPC earns Rs 19000 Cr from Kashmir waters

JK buys electricity for Rs 4000 Cr from power stations on its own soil
Srinagar | Posted : Apr 22 2016 1:07AM | Updated: Apr 22 2016 2:29PM
NHPC earns Rs 19000 Cr from Kashmir waters
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The Central Government-owned National Hydroelectric Power Corporation has earned more than Rs 19000 crore from its J&K-based power projects during the past 14 years.
Corroborating the widely-held belief that power-starved J&K has become a goldmine for NHPC, the Corporation has revealed that it has earned over Rs 19442 crore from the sale of power generated by its hydel projects in the State.
The NHPC is presently generating 2009 MW energy from seven power projects owned by the Corporation in J&K, a little less than half of the energy it generates across other six states where it has power projects. In contrast to NHPC, the State generates a little over 750 MW of hydro energy from different projects owned by JK SPDC against the total demand of over 2600 MW.
Making the disclosure about earnings made by it from its J&K-based projects, the NHPC, in response to an RTI application filed by VenkateshNayak of Common Wealth Human Rights Initiative (CHRI), has revealed that  it has earned  Rs 19,442 crore from the sale of power generated in J&K to different state power utilities between 2001 to 2015.
The Corporation-owned projects in J&K have generated at least 115,636 MUs (million units) from 2001-02 to March 2016, the RTI reveals.
It has also come to fore that J&K - where these projects are located- is the second largest buyer of power from these projects.
The State has purchased 20,841.65 MU of power from these projects against Rs 4129.58 crore during this period, the NHPC said.
The NHPC’s revelation is likely to re-ignite the demand for return of power projects to J&K as State’s Power Development Department is heavily relying on power purchases from Central Power Suppliers.
As reported by Greater Kashmir earlier, the state government has spent Rs 30,296 crore on power purchases from 2004 to 2015.
The Memorandum of Understanding - obtained through RTI-  signed between Government of India and J&K regarding transfer of power projects in 2000 provides that “a mutually acceptable methodology will be worked out to handover these projects to J&K Government separately.”
The MoU covers Kishanganga, Uri-II, Bursar, Sewa-II, PakalDul, Nimmo Bazgo and Chutak projects.
According to the MoU, the purpose of transfer of these projects was to enable NHPC to "execute these projects over a period of 10 years", in phases so that their implementation would help the State in its overall development apart from "meeting its winter peak requirements of electricity." The capacity of these projects is around d 2000 MW.

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