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| 1000 MW thermal project to come up in Udhampur | | | New Delhi | Feb12
The Union Power Ministry would set up a 1000 MW thermal power project in Jammu & Kashmir to be completed in three years.
Decision to this effect was taken at a meeting the Chief Minister, Ghulam Nabi Azad had with the Union Power Minister, Sushil Kumar Shinde here this evening. The Economic Advisor to J&K Government, Dr. Haseeb Drabu and Union Secretary for Power, V. K. Razdan were present along with senior officers of the union power ministry including Chairman, NHPC and Chairman, NTPC.
The thermal power project would be set up at Udhampur. The State government would provide 700 acres of land and equity. The project would be completed in three years.
It was also decided that Baglihar hydel power project, Phase I and II, would be jointly funded by the Central and State governments. The union power ministry would support the State government both in terms of raising loans and providing equity. The union power ministry also agreed to examine the proposal of setting up of a power trading company of J& K State.
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