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| Even 10 months after PM Modi inaugurated Rattle Power Project, construction work is yet to kick off | | |
Asif Iqbal Naik
Jammu Jan 3: It was about 10 months ago when Prime Minister Narendra Modi re-inaugurated the prestigious 850 MW Rattle Power Project, the work
on which hit the road blockade following the fiasco between the GVK limited and L&T after the main developer faces the financial crisis— thus shows inability to carry forward the constitution work of the project. Earlier the project was inaugurated by the former PM Manmohan Singh during UPA II government in presence of former CM’s of J&K Omar Abdullah, Ghulam Nabi Azad and others.
As per the details available with Early Times, the erstwhile J&K government under the regime of Satya Pal Malik on the direction of Union Government set up another joint venture between the National Hydroelectric Power Corporation (NHPC) and the Jammu and Kashmir Power Development Corporation (JKPDC) for execution of Rattle hydroelectric power project, the state government has signed a memorandum of understanding (MoU) with the central agency over the 850-MW project, which has been described as “most doable” in the state.
The MoU was signed by Balraj Joshi, NHPC’s CMD on behalf of the Corporation, Hirdesh Kumar, the then Commissioner/Secretary state power department, on behalf of the J&K government for execution of the project, in presence of Prime Minister Narendra Modi during a rally at Vijaypur in Samba .
As per MoU, the NHPC would own 51 percent shares in the company while the PDC’s shares will be 49 percent.
Even though six years has passed since the GVK Powers limited and its sub contractor L&T has suspended the work on state prestigious 850 MW Rattle Hydro Electrical Power Project under construction on river Chenab in Drabshala area of Kishtwar District, the Union Territory government fails to get the construction work restored
However the sources informed the “Early Times” that the financial crunch faced by the GVK Power Limited and their dispute with Sub Contractor LNT remain the main cause for abandoning of the project work and not the protest and the demands raised by the local unemployed youths.
The matter was even examined by a committee headed by Finance Commissioner Planning Development & Monitoring Department, that too fail to suggest comprehensive plan for restoration of the abandon constitution work. The project can accommodate more than 3000 skilled and unskilled labour if the work started.
Rattle power project is the first mega hydropower project being constructed in the state on Built, Own, Operate and Transfer (BOOT) basis.
Due to non-resumption of the work on Rattle project, that UT will start losing nearly 1500 Cr annually as this project will help the it in reducing the power deficit crises, beside will also help in saving nearly 1500 Cr power tariff bills annually.
Former Minister J&K urged the Government to take appropriate steps in starting the work on the Ratle power project, which he hope will provide employment to the unemployed youths. |
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