⇒ NHPC limited, India’s premier hydropower company under Ministry of Power has formed a joint venture company, “Ratle Hydroelectric Power Corporation Limited” for the implementation of 850 MW Ratle Hydroelectric Project.
The joint venture company has been incorporated on 01 June 2021 with NHPC and Jammu & Kashmir State Power Development Corporation Ltd (JKSPDC) holding equity share of 51% and 49% respectively.
Ratle Hydoelectric Project (850 MW), is a Run of River Scheme located on River Chenab, Kishtwar district, Union Territory of Jammu and Kashmir.
Ministry of Power has already conveyed investment sanction for construction of 850 MW Ratle HE Project at an estimated cost of Rs 5281.94 crore (at November 2018 price level).