NHPC announced that Union Cabinet on 20 January 2021 has given its approval for the investment of Rs. 5281.94 crore for 850 MW Ratle Hydro Electric Project located on river Chenab in Kistwar district of Union Territory of Jammu & Kashmir, by a new Joint Venture Company (JVC) to be
incorporated between NHPC and Jammu & Kashmir State Power Development Corporation (JKSPDCL) with equity contribution of 51% and 49% respectively.
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