Srinagar, Aug 18: Authorities at Chenab basin Power Corporation have decided to invite global tenders for construction of 1000 MWs Pakal Dul power project in Jammu region. It is one of the three major power projects to be constructed by State Power Development Corporation, National Hydroelectric Power Corporation and Power Trading Corporation of India in joint venture under Chenab Valley Power projects Private limited.
 “We will be inviting global tenders for Pakal Dul. The process will start on coming Tuesday,” Chairman, Board of Directors, CVPPPL, M Y Khan told Greater Kashmir on Thursday.
 The project would be awarded on turnkey basis, he said.
 Pakal Dul is a reservoir based scheme to be set up on river Marusudar of Chenab basin, having an identified potential of 10,000-MWs, in Kishtwar district.
 The other two projects which will be constructed under CVPPPL include Kiru (600 MW) and Kawar (520 MW).
 “We will be taking up execution of Pakal Dul first followed by Kiru and Kawar for which too the global tenders will be invited,” said Khan.
 Pakal Dul is scheduled for completion in next 6-years and is targeted to start energy generation by 2018 while as the completion target for Kiru and Kawar are four to five years.
 “The power company has received environmental clearance for Pakal Dul and Supreme Court has also cleared its execution. The company will be inviting tenders too for monitoring construction work of the projects,” Khan said.
 As per the agreement reached between the partners the share of JKSPDC, NHPC and PTC in the company shall be in the ratio of 49:49:2 respectively and of the total power generated from the projects the share of JK shall be 62 percent. Besides, J&K will have first right of refusal for the remaining 941 MWs from the three projects.
 Of the total 2100 MW generated by the projects the share of the state will be around 1300 MWs.
 J&K is presently grappling to better the state’s power scenario. Against a peak demand of around 1700 MW the local generation hover around 800 MWs. The remaining energy is imported from the northern grid. Last year the state’s Power Purchase Bill was around Rs 2500 crore, while the revenue in the power sector was only Rs 1200 crore. The power Bill for this fiscal is set to touch Rs 3000 crore.

Lastupdate on : Thu, 18 Aug 2011 21:30:00 Makkah time
Lastupdate on : Thu, 18 Aug 2011 18:30:00 GMT
Lastupdate on : Fri, 19 Aug 2011 00:00:00 IST