Excelsior Correspondent
SRINAGAR, Sept 2: The foundation stone of stage-II of the Baglihar project is now being laid shortly. This would be a reiteration of the commitment of the Government to bring a turnaround in the State’s economy by tapping the huge hydro potential of the State, estimated at 20, 000 MW, in a systematic and time-bound manner. The Board of Directors of JKSPDC has already approved a capacity addition of 9000 MW in the State during the 12th and 13th Plan period.
Commissioning of the 50 MW Baglihar HEP Stage-II would be an important milestone in this regard in the continued efforts of the Government led by Omar Abdullah to bridge the supply demand gap with respect to electric supply in the State.
Baglihar HEP has been conceived on River Chenab as Run-of-River Scheme with a generation capacity of 900 MW of power, to be developed in two stages of 450 MW each, with a common dam near Ramban. The Stage-I has already been completed at a cost of Rs. 5827 core and was commissioned in 2008-09 having a capacity of generating 2536 MUs of energy annually.
The Baglihar Hydro Electric project represents a very attractive proposition to address the issue of increase in demand of power. The project having 3 units with an installed capacity of 150 MWs each which will generate 1302 MUs of clean and green power and will earn an annual revenue of about Rs. 500 crore.
With this project the generating capacity of the state owned projects will increase to about 1200 MW against 760 MW at present. The estimated completion cost of the project is Rs. 3113.19 crore and the project is expected to be commissioned in August 2015. The financial closure of the project has already been achieved with a loan component of (Rs. 2179.23 crore) sanctioned by PFC Rs. 1679.23 and JK Bank (Rs. 500 crore). The Main Civil/Hydro-Mechanical works and Electro-Mechanical works stand already allotted. The hallmark of the project is that it has negligible resettlement and rehabilitation issues as the main Dam stand already constructed along with filling of reservoir and other pre construction works under stage-I.
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