Ratle Hydroelectric project

Why in news?

• Prime Minister, Shri Narendra Modi, has given its approval for the investment of Rs.5281.94 crore for 850 MW Ratle Hydro Electric (HE) Project located on river Chenab, in Kishtwar district of Union Territory  of Jammu and Kashmir.

About the project:

• The Ratle Hydroelectric Plant is a run-of-the-river hydroelectric power station currently under construction on the Chenab River.
• It is located in the Union Territory of Jammu and Kashmir.
• The project includes a 133 m (436 ft) tall gravity dam and two power stations adjacent to one another.
• The installed capacity of both power stations will be 850 MW.
• Pakistan has frequently alleged that it violates the Indus Water Treaty.
• It will be executed by  new Joint Venture Company (JVC) to be incorporated between National Hydroelectric Power Corporation (NHPC) and Jammu & Kashmir State Power Development Corporation Ltd (JKSPDC) with equity contribution of 51% and 49% respectively.
• It shall be commissioned within a span of 60 months.
• Other major projects in the Chenab valley include 1000 MW Pakal Dul HE Project , 624 MW Kiru HE Project, 900 MW Baglihar Power Project etc.
• Since Chenab river waters has been awarded to Pakistan as per Indus water agreements, there are limitations for India in exploiting the full potential of the river.

PRELIMS QUESTION

Consider the following statements regarding Kishanganga project, recently in news:
1.It is a project in the Chenab river basin.
2.It is located in Jammu and Kashmir.
Which of the statements given above is/are correct?
(a)1 only
(b)2 only     
(c)Both 1 and 2
(d)Neither 1 nor 2

Answer to Prelims Question