Uri-I Stage-II and Dulhasti Stage-II Projects Get Green Signal
By NSB.News Desk
New Delhi: State-run hydropower major NHPC Limited has approved investment proposals worth over ₹5,700 crore for the development of two hydroelectric projects in the Union Territory of Jammu and Kashmir.
In a regulatory filing to stock exchanges, the company said its board has cleared an investment of ₹2,708.95 crore for the implementation of the 240 MW Uri-I Stage-II Hydroelectric Project. The total cost includes ₹264.31 crore towards Interest During Construction (IDC) and ₹26.20 crore allocated for enabling infrastructure.
The project is scheduled to commence from March 1, 2026, subject to the signing of an implementation agreement with the Government of J&K and Jammu and Kashmir State Power Development Corporation (JKSPDC), along with other necessary approvals.
₹2,993.96 Crore Cleared for Dulhasti Stage-II
Additionally, the board has approved an investment of ₹2,993.96 crore for the 260 MW Dulhasti Stage-II Hydroelectric Project. This project cost includes ₹289.06 crore towards IDC and ₹245 crore for enabling infrastructure.
Construction of the Dulhasti Stage-II project is also slated to begin from March 1, 2026, subject to similar approvals and agreements.
The twin approvals mark a significant step in strengthening hydropower infrastructure in Jammu & Kashmir, boosting clean energy generation capacity and supporting regional development.