NHPC’s board has approved the proposal regarding formation of a JV Company for implementation of Ratle Hydroelectric Project (850 MW) in the Chenab River Basin in UT of Jammu and Kashmir. The Board has also accorded its investment approval to contribute initial equity of Rs 51 crore by NHPC in the JV Company, to be promoted jointly by NHPC (51 %) and JKSPDCL (49%). The Board of Directors of the company in its meeting held on March 21, 2021 has approved the same.
NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.
