Jammu & Kashmir seems to be firmly on path to total transformation if the Central government’s plans are any indication. The Centre is fully determined propelling growth in the Union territory through Power Projects. A new beginning seems to have been made to replace wooden poles and barbed wire conductors by investing over 90 crore rupees, the approval for which has already been given by the Power Ministry at centre.
Power Finance Corporation (PFC) and Rural Electric Corporation (REC) have infused 4,580 crore rupees under the AtmaNirbhar Bharat announced by Prime Minister Modi.
AIR correspondent reports that this will help Discoms overcome their financial difficulties and improve consumer Services at the ground level.
Only a fortnight back, J&K UT Lt Governor Sh. G.C.Murmu inaugurated ten power projects while Seven other projects for which he laid the foundation stone would also be implemented by central agencies under different schemes over next one year.
Augmenting power distribution that has hitherto been neglected by previous state governments seems to be the right move to bridge the power gap in the union territory. Jammu & Kashmir UT has a potential for about 20,000 MW hydro- electric power capacities.. Once the entire power potential is exploited, Jammu & Kashmir can be turned into a net energy exporter.
Some efforts in this direction seem to have already been made with the Pakul hydroelectric power project having 1000 MW capacities being executed on a fast-tracking basis. Yet another project in Chenab valley, Kiru hydroelectric power with 624 MW capacity also seems to be in an advanced stage of implementation.