Existing power rates low; JKSPDC in loss, supplies 450 MW to state The big ‘slump’ in the market has made it difficult for the Jammu and Kashmir State Power Development Corporation (JKSPDC) to find a buyer for the energy generated from the Baglihar-II hydropower project since it was inaugurated by Prime Minister Narendra Modi on November 7, 2015. Consequently, the JKSPDC decided to supply the full 450-MW energy generated from the Baglihar-II project to the state’s Power Development Department (PDD) at minimal rates to meet the electricity needs of the…
Read MoreNo buyers for energy generated from Baglihar-II hydel project
