The Indian authorities is in search of a Rs 3,119 crore mortgage to fast-track the development of the Kwar Dam. This can be a main hydroelectric mission on the Chenab River in Kishtwar, Jammu & Kashmir. The mission is seen as strategically essential, particularly after India paused its participation within the Indus Waters Treaty with Pakistan.
The 540 MW greenfield mission is being developed by Chenab Valley Energy Tasks Ltd (CVVPL). This can be a three way partnership between NHPC Ltd and the J&Okay State Energy Improvement Company. CVVPL is in talks with monetary establishments to safe the mortgage at aggressive charges. The overall mission price is Rs 4,526 crore.
A breakthrough got here in January 2024 with the profitable diversion of the Chenab River. This allowed the principle dam development to start. Different ongoing work consists of the excavation of a 609-metre-long entry tunnel.
The mission features a 109-metre-high concrete gravity dam. It’s anticipated to generate round 1,975 million items (MU) of electrical energy yearly. Prime Minister Narendra Modi laid the muse stone in April 2022. The federal government goals to finish the mission by 2027.
As soon as accomplished, the Kwar mission is predicted to spice up power provide and promote industrial progress. This will likely be each nationally and in Jammu & Kashmir. The dam website is about 28 km from Kishtwar city.
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