Govt proposes joint venture with Union power ministry for Rattle power project

The Governor’s administration has proposed to union power ministry a joint venture between the state and the central government for execution of 850-MW Ratle hydropower project, a month after the Jammu and Kashmir state administrative council gave a go-ahead to it. The project was initially slated for completion in 2017, but controversies and consequent delays would now push its commissioning to 2022 if the union power ministry agrees to the latest proposal. A top source said the government has proposed five models of joint-venture under which the state would receive…

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