NHPC to develop Uri-I Stage-II Hydroelectric Project in J&K

NHPC's board approval of a Rs 2,708.95 crore investment for the 240 MW Uri-I Stage-II Hydroelectric Project in Jammu & Kashmir signifies a continued push for renewable energy development in the region. The project, contingent upon an implementation agreement with the Government of J&K/JKSPDC and other approvals, aims to expand the existing Uri-I hydroelectric capacity. NHPC, a major player in India's hydropower sector, will be developing the project in partnership with the Government of J&K/JKSPDC and potentially JKPCL, highlighting a collaborative approach to infrastructure development in the region. This deal is notable for its size, representing a significant investment in the hydropower sector. The involvement of NHPC, a leading public sector undertaking, lends credibility and experience to the project. The project's location in Jammu & Kashmir underscores the government's focus on developing the region's infrastructure and energy resources. Successful implementation of this project will contribute to increased power generation capacity and potentially improve energy security in the region.