NEW DELHI: Environment Ministry has given green nod to the Rs 4,640.88 crore Kiru hydroelectric power project to be developed on Chenab river in Kishtwar district of Jammu and Kashmir.
“In a major development the Union Ministry of Environment, Forests and Climate Change (MoEFCC) has accorded environment clearance to 624 MW Kiru HE Project in J&K State,” NHPC said in a statement.
The Kiru project will be developed by Chenab Valley Power Projects Pvt Ltd, a joint venture among NHPC, J&K State Power Development Corp and Power Trading Corporation of India.
“It is considered as a major achievement of Chenab Valley Power Projects (CVPP) Ltd which took over the project from NHPC in June 2013 and within a period of almost three years it obtained all the major clearances for the project,” the statement said.
CVPP is a joint venture amongst NHPC, JKSPDC and PTC India Ltd established in 2011 to harness the vast hydro power potential of J&K State. (AGENCIES)