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| Omar calls for proactive North-north Cooperation | | Narrates initiatives of J&K Government towards self-reliance in power sector | | Early Times Report
SRINAGAR, June 11: Describing water key resource for comprehensive development of Jammu and Kashmir, Chief Minister, Omar Abdullah Monday said that the State would utilize the platform of International Hydel Power Convention gainfully to harness this resource optimally for the sustained development.
Addressing the 7th International Hydel Power Convention at SKICC here, the Chief Minister said that Jammu and Kashmir possesses enormous hydel potential of about 20,000 MWs, of which only 2,458 MWs are presently harnessed. He said his government has focused larger attention to fill up this gap and tap this potential within the shortest possible time.
Omar Abdullah said that the State Government has recently announced series of policy reforms and initiatives in this regard alongwith notifying Jammu and Kashmir Hydro Projects Development Policy 2011 to implement projects ranging from 2-100 MWs capacity to make it investor friendly.
"To cut short the long gestation period which is discouraging sector for private investors, the State Government has initiated several measures and facilities for the quick development of projects", he said adding that single window clearance system through a Committee headed by the Chief Secretary has been put in place besides other institutionalized mechanism for fast tracking the implementation of the projects. He said 10 projects with an aggregate capacity of 172 MWs have been advertised and the response is encouraging.
The Chief Minister said that to mobilize a huge investment of over Rs. 2 lakh crores to harness the hydro electric potential of the State is not possible for the government alone but required active participation of private players and financial institutions. He said to move forward on this path a multipronged strategy has been approved for setting up projects as State owned ones, through joint venture mechanism, PPP mode and on Build, Own, Operate and Transfer (BOOT) basis.
On power evacuation system, Omar Abdullah underlined the need for developing a comprehensive and integrated transmission network instead of laying individual dedicated lines.
He said that the State has proposed a Pooling Station of 765 KV in Chenab basin level so that upcoming projects can conveniently evacuate power. He also emphasized the need for early installation of Srinagar-Kargil-Leh Transmission Line to harness and evacuate about 2000 MWs of power from this region.
The Chief Minister also advocated modification in the MoP notification of 2006 by Government of India and said that the projects up to 100 MW capacity should not require the TEC from CEA and be left to the State agencies. He also talked about the financial closure of the projects and called for easy access to affordable credit for timely execution of the projects.
Union Power Secretary, D. Vijai Singh and Principal Secretary State Power Development Department, Sudhanshu Pandey presented the keynote addresses while Chairman NHPC, A. B. L. Srivastav and President India-Tech Foundation (IPF) also spoke on the occasion. |
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