M Y Khan to head CVPDC

GK NEWS NETWORK

Srinagar, Oct 27: The state cabinet Wednesday approved appointment of former chairman J&K Bank MY Khan as the first chairman of the newly created Chenab Valley Power Development Corporation.
Sources said the status and perks of Khan would be at par with chairman NHPC.
Under the corporation three power projects worth 2120 megawatts and costing Rs 15000 crore - 1000 mw Pakal Dul, 600 mw Kiru and 520 mw Kawar - would be set up on the Chenab basin under joint venture between NHPC and JKSPDC. As per the MoU the JKSPDC would have a share of not more than 49 percent while the NHPC would have share not less than 51 per cent in the Company.
 However sources believed that under the chairmanship of Khan who holds an impressive record as former JK Bank chairman, the projects would come up in time bound manner to help the state economy grow.
 Besides, some promotions at the level of chief engineers and transfers were approved by the cabinet.

Lastupdate on : Wed, 27 Oct 2010 21:30:00 Makkah time
Lastupdate on : Wed, 27 Oct 2010 18:30:00 GMT
Lastupdate on : Thu, 28 Oct 2010 00:00:00 IST



  • del.icio.us
  • StumbleUpon
  • Digg
  • TwitThis
  • Mixx
  • Technorati
  • Facebook
  • NewsVine
  • Reddit
  • Google
  • LinkedIn
  • YahooMyWeb
  • Print News
  • YahooMyWeb

Code Image  Load New Code
Enter the Security code exactly as you see it in the image security code is CaSe SeNsItIvE(Cookies must be enabled)
  • MORE FROM FRONTPAGE

  • Kashmir

Agitation to continue till Delhi accepts Kashmir as dispute: Geelani

Srinagar, Oct 27: The Chairman of Hurriyat Conference (G) Syed Ali Shah Geelani on Wednesday    said the agitation would continue till New Delhi accepts Kashmir as a dispute.   More


  • Srinagar City

'CRPF on prowl at Rainawari crossing'

GK NEWS NETWORK

Srinagar, Oct 27: Many a motorist driving down Rainawari crossing in Shahr-e-Khaas during evenings and late hours have accused the paramilitary CRPF of subjecting them to harassment. Groups of the More



  • Jammu

Accession day is our national day: Jmu Bar

Jammu: Maintaining that the accession of J&K with India is "full and final", Jammu Bar Association celebrated the Accession day in the Court premises on Wednesday. Holding tri-colour, large number More


  • PaK

We will cross LoC en masse:Syed Salahuddin

'Hope China will play a role in resolving Kashmir '

TARIQ NAQASH

Muzaffarabad, Oct 27: The Chairman of United Jihad Council (UJC) Syed Salahuddin on Wednesday warned that unrelenting atrocities in Jammu and Kashmir could compel thousands of people in Pakistan administered More


  • Business

Look into Malaysian Islamic banking model

PM asks RBI

PRESS TRUST OF INDIA

Kuala Lumpur, Oct 27: Prime Minister Manmohan Singh today said the Reserve Bank should look into Islamic banking practices in Malaysia, amid pressure on the central bank to introduce such a system in India More


  • News

Hurriyat activists stage protest in PaK

NISAR AHMED THOKAR

Islamabad, Oct 27: Activists of both Hurriyat factions staged a protest in front of the office of United Nations Military Observers Group (UNMOG) on Wednesday to seek UN’s pro-active role to settle the More


ADD
Designed Developed and Maintaned By Imobisoft Ltd /Algosol Software Solutions