Srinagar, Dec 27: Valley-based Self Help Group of Engineers today welcomed the government decision to relax eligibility criteria for J&K residents for investing in power projects up to 10MW.
 At a meeting under the banner of Self Help Group of Engineers Association with its president Er Syed Parvez Safvi in chair, the engineers said the decision would open the doors for the local engineers to participate in the 10 MW power projects.
 Association president told Greater Kashmir that the decision has come in synch with J&K State Hydroelectric Projects Development Policy 2011.
 He hailed the chief minister as well as Managing Director, J&K Power Development Corporation for approving the policy.
 Giving details of the meeting, Safvi said the association discussed various issues and welcomed new SHGs namely M/s Dream Construction, M/s Sheikh Hamza, M/s New Valley on joining the association.
 Safvi said: “The decision will facilitate the participation of SHGs and local unemployed engineers in the development of the hydroelectric projects in a big way, which in turn will boost the local economy.”
 He said the “corporation is soon going to invite RFP for about 20 projects with modified eligibility criteria and we hope that there will be separate quota of 30 per cent for SHGs.”

Lastupdate on : Thu, 27 Dec 2012 21:30:00 Makkah time
Lastupdate on : Thu, 27 Dec 2012 18:30:00 GMT
Lastupdate on : Fri, 28 Dec 2012 00:00:00 IST