Tata Motors, an Indian commercial vehicle manufacturer, has received the contract from Housing and Urban Development Department, Government of Jammu & Kashmir, for the deployment of electric buses in the twin capital cities of Jammu and Kashmir, India. As part of the contract, Tata Motors will supply, operate and maintain 200 standard floor, 12-metre and […]
EbixCash said that it has appointed the entire network of Jammu & Kashmir Bank (J&K Bank) as a sub-agent to enable international remittance services for its Ria Money transfer business. The agreement will facilitate the services across J&K Bank’s 1,000 branches starting from 15 August 2022. Syed Rais Maqbool — J&K Bank General Manager said: […]
NHPC Limited said that it has secured pre-investment approval for the proposed 1.85GW Sawalkot hydroelectric project in Jammu and Kashmir for an amount of INR 973 crores. The approval was given by the Indian Ministry of Power. The Sawalkot hydroelectric project, which is a run-of-the-river project will be built on the Chenab River by NHPC […]
Patel Engineering has won a contract worth INR 2,461 crores from Chenab Valley Power Projects Limited pertaining to the 540MW Kwar hydroelectric project in the Kishtwar district in the Jammu and Kashmir (J&K) region. The civil construction company, which is specialized in the hydropower sector, said that the contracts are for the works of constructing […]
Sterlite Power said that it has been issued a letter of intent (LoI) from Power Finance Corporation Consulting Limited (PFCCL) for a transmission project in the Jammu and Kashmir (J&K) region meant for evacuating 1GW power from the Pakaldul Hydro Electric Project to the Kishtwar substation. The Indian power transmission developer and solutions provider will […]
Jammu & Kashmir Bank Ltd. (J&K Bank) said that the Reserve Bank of India (RBI) has imposed a fine of INR 1 crore on it owing to a contravention of directions contained in circulars on ‘Lending to Non Banking Financial Companies (NBFCs) and Bank Finance to Non-Banking Financial Companies (NBFCs)’. The Reserve Bank of India […]
NHPC Limited said that it has incorporated a joint venture company called ‘Ratle Hydroelectric Power Corporation Limited with Jammu and Kashmir State Power Development Corporation Limited (JKSPDCL). The Indian state-owned hydropower generation company will have a stake of 51% in the joint venture, while JKSPDCL will own the remaining stake of 49%. Ratle Hydroelectric Power […]
BHEL has fully commissioned the INR5783.17 crore ($864 million) Kishanganga hydro power plant in Jammu & Kashmir, owned by NHPC, by placing the third 100MW unit into operations. The three units, each of 110MW, are now into operations, with a capability of generating 1,350 million units of clean electricity annually. The Kishanganga hydro power plant […]
Bharat Heavy Electricals Limited (BHEL) has commissioned the first 110MW unit of the 330MW Kishanganga hydro power plant in Jammu & Kashmir being developed by NHPC. The Kishanganga hydro electric project (HEP) is being built in Bandipora district on River Kishanganga, a tributary of the Jhelum River with an investment of INR5783.17 crore ($864 million). […]
Energy Industry News : A small 1.5MW small hydropower plant built at a cost of Rs 17 crore ($2.6 million) has been commissioned in Biaras Drass in Kargil district in the Indian state of Jammu & Kashmir, the first project to go on line under the Ladakh Renewable Energy Initiative of the Prime Minister. Developed […]