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GVK Power arm to develop hydel project in J&K

Thursday, 11 Mar 2010
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GVK Developmental Projects, a wholly owned subsidiary of GVK Power and Infrastructure, has bagged an order to develop a 690-MW Ratle hydro electric power project to be located on the Chenab river in Kishtwar district of Jammu and Kashmir.

The project will require an investment of around Rs 5,000 crore. It is scheduled to be commissioned by 2017. GVK has been allotted the project on BOOT basis for a period of 35 years.

The proposed project is being promoted by the Jammu and Kashmir Government through the Jammu and Kashmir State Power Development Corporation.

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