Kashmir is currently grappling with a significant electricity crisis as it faces persistent load shedding, resulting from a substantial gap between the demand and supply of electricity, amounting to a staggering 300 Megawatts (MW). Officials of Kashmir Power Development Corporation Limited (KPDCL) have cited two primary factors exacerbating this situation: a drought-like situation in Jammu and Kashmir leading to reduced water discharges in River Jhelum and River Chenab, affecting hydropower generation, and decreased purchases of power from outside power generation companies (Gencos) by the government. According to a senior KPDCL…
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Load Shedding ON: Kashmir Power Supply Disrupted as Dry Spell Reduces Water Levels in Reservoirs
Prolonged Dry Spell in Kashmir Leads to Electricity Woes The picturesque region of Kashmir is renowned for its breathtaking natural beauty, with its abundant water bodies, lush green valleys, and towering Himalayan peaks. However, the past few months have brought about an unexpected challenge for the people of Kashmir – a prolonged dry spell that has significantly reduced the water levels in the region’s vital water bodies. This has led to a domino effect, impacting the generation of electricity and, consequently, causing power curtailment that’s affecting the daily lives of…
Read MoreKashmir Faces Power Shortage as Dry Spell Reduces Hydropower Output
With prolonged dry spell leading to the reduction in water level in most of the water bodies across the Valley, the Kashmir-based power houses are generating less electricity, prompting the government to go ahead with power curtailment, causing immense hardships to the people. Pertinently, August and September—2023 has recorded deficient rainfall while the hot and humid weather conditions continued for weeks together, breaking the decades old record in the month of September. The hot and humid weather conditions resulted in reduction in water level in the famous water bodies including…
Read MoreElectricity, Petroleum, Real estate and Alcohol could come under GST
Finance Minister Haseeb Ahmad Drabu Thursday said power, petroleum, real estate and liquor could be soon brought under the ambit of Goods and Services Tax (GST). Presenting the J&K Budget 2018-19 in the Legislative Assembly, the finance minister said a committee of officers and professionals in the area of taxation and industry had been constituted to work out the framework for brining real estate, electricity, alcohol and petroleum under J&K GST. He said the reason of brining electricity under the ambit of GST was that under the GST Input Tax…
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