Estimating losses

Last year the Jammu Kashmir Power Development Corporation invited tenders for engagement of consultancies to quantify the losses caused by the Indus water Treaty (IWT).

Last year the Jammu Kashmir Power Development Corporation invited tenders for engagement of consultancies to quantify the losses caused by the Indus water Treaty (IWT). An English firm entrusted with the job backed out last year and the JKPDC ignored the matter for some time. The losses suffered by the state have already evoked massive debate. The delay in inviting fresh tenders evoked severe criticism. And this is not the only time when it has failed the people. The corporation has misplaced documents/agreements executed by the NHPC and the state authorities. It is believed that the documents have been stolen for obvious reasons. The shocking disclosure was made by the JKPDC officials when the civil society launched a movement for transfer of power houses to the state. Surprisingly no probe was ordered to fix responsibility for the severe lapse. This can have a serious bearing on the claims of the state. The documents have to be found and there cannot be any compromise on it. Meanwhile, the corporation must speed up the process of quantifying losses although it brings yet another shortcoming to the fore. Inviting tenders reflects that the corporation was not aware of the losses suffered by the state because of the infamous treaty. The IWT was signed between India and Pakistan in 1960 as a settlement for water sharing. The treaty gives India exclusive rights to use waters of the eastern rivers—Sutlej, Beas and Ravi—and their tributaries before they enter Pakistan. Under the treaty, Pakistan secured rights over the waters of the western rivers—Chenab, Jhelum and Indus, which originate in J&K before entering into Pakistan. It's estimated that J&K has faced losses to the tune of Rs 20, 000 crore due to the water-sharing agreement, which prevents the state from full exploitation of its water-resources for generation of electricity. There is no exit clause in the IWT but nothing in the treaty debars the state from seeking compensation for the losses suffered. The state has to show some seriousness. Since the civil society has shown keen interest in the issue, the PDC too has to show some prudence.

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