The Union cabinet has given green lights to a proposal from the ministry of power to provide central financial assistance (CFA) to northeastern state governments, supporting their equity participation in the development of Hydro Electric Projects (HEPs) in the region.
One of the key outcomes of this partnership will be the development of predictive analytics algorithms.
Director of the Ministry of Energy, Harikesh Meena signed the agreement on behalf of the state government while NHPC General Manager (Power) Suresh Kumar and Secretary of BBMB Satish Kumar Singla were the signatory on behalf of their respective enterprises.
The surplus power from the remote district of Jammu will not only be utilised for other parts of the Union Territory but will also be sold to other states after the completion of the ongoing hydroelectric projects.
Chairman Jammu and Kashmir (J-K) Legislative Council, Haji Anayat Ali, while inaugurating the 1.5 MW Biaras Small Hydro Power Project at…
