"The work on the ongoing (power) projects as well as the exploration of new projects will have to be pursued vigorously," she said, chairing the 72nd meeting of the Board of Directors of Jammu and Kashmir State Power Development Corporation (JKSPDC) here.
She said the decision-making with respect to allotment and execution of power projects should be time-bound to ensure that the state gets the dividends of increased power generation.
"The Corporation is presently looking after 23 hydropower projects with a total installed capacity of 1211.96 MWs besides four IPPs of 42.5 MWs.
"Four projects are under implementation in the state sector with a capacity of 103.5 MWs and three major projects with an expected generation capacity of 3176 MWs are in the pipeline," he said.
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He said the Board approved the constitution of Management and Finance Sub-Committee under the Chairmanship of Deputy Chief Minister Nirmal Singh and Audit and Compliance Subcommittee under Chief Secretary B R Sharma for better oversight of the organizational matters pertaining to JKSPDC.
It was also decided that besides Power Finance Corporation, other traders would also be explored by PDC for selling of 60 per cent power from Baglihar Hydroelectric Project Phase-II to get a competitive tariff, the spokesman said.
economy and to keep the tariff competitive, the Board agreed to refer the matter regarding the exemption of Water Usage Charges to the Finance Department for further examination, the spokesman said.
He said the board approved the award of consultancy services for checking of design and construction supervision of 1500 M long tunnel on access road to Sawalakote and 178 M long steel bridge over river Chenab to M/S Rodic Consultants who have been selected through a two stage competitive bidding process.
A road tunnel from Power House to Baglihar Dam was approved to be executed through M/S JAL at an estimated cost of Rs 6.54 crore.
He said the Board also ratified the equity contribution of Rs 460 crore released to Chenab Valley Power Projects Ltd (CVPPL), a Joint Venture company of the JKSPDC that is executing the Pakaldul, Kiru and Kawar Power Projects with an aggregate capacity of 2164 MW.