"Rs 1637.73 crore stand utilised on the 330 MW power project so far... About 10 km, out of 23 kms long tunnel, has been completed," an official said briefing Union minister of state for power Venugopal Rao.
Rao, accompanied by Jammu and Kashmir minister of state for power Shabir Ahmad Khan, made an extensive tour of Bandipora yesterday and inspected the dam site of the project, 57 kms from here, a spokesman said.
He said the team, which also included MLA Bandipora Nizam-u-Din Bhat, MLA Gurez Nazir Ahmad Gurezi, Director NHPC J K Sharma, Principal Secretary Power Sudhansu Pandey and District Development Commissioner Bandipora Manzoor Ahmad Lone, inspected the 23-km long tunnel which is in progress.
The Kishanganga Plant, located five kms north of Bandipora, is part of a run-of-the-river hydroelectric scheme that is designed to divert water from the Kishanganga river to a power plant in the Jhelum River basin.
Construction on the project began in 2007 and is expected to be complete in 2016, he said.
However, the construction on the dam was halted by the Hague's Permanent Court of Arbitration (CoA) in October 2011 due to Pakistan's protest of its effect on the flow of the Kishanganga River (called the Neelum River in Pakistan).
Pakistan approached the Hague's Permanent CoA, complaining that the Plant violates the Indus River treaty between the two countries by increasing the catchment of the Jhelum river and depriving Pakistan of its water.
In June 2011, the CoA visited both the Kishanganga and Neelum