J&K’s Hydropower Riches: Why is the Region Still Spending Billions on Power Purchases? Jammu and Kashmir’s over-reliance on external power sources has incurred a substantial cost of Rs 63,000 crore over the past 11 years. This hefty expenditure on power purchases from external generation companies (gencos) underlines the ongoing energy challenge in the region, despite its substantial hydropower potential. Official data reveals that from the fiscal year 2012-13 to 2022-23, the power purchase bills from external power distribution companies (discoms) have reached a cumulative total of Rs 63,000 crore. In…
Read MoreJ&K’s Power Crisis: Why is the Region Still Relying on External Power Sources Despite Hydropower Potential?
