
Speedy clearance expected in Sawalkote hydro project
The Union government is looking to give speedy clearance to a ₹22,700-crore hydropower project in Sawalkote on the Chenab so that work can commence by next year and the power ministry is on track to decide which agency should build it, two officials aware of the development said.
The Sawalkote project, among four proposed hydroelectric projects in Jammu and Kashmir, has been granted the status of a nationally important project and is expected to generate 1,856 megawatts (MW) of electricity, one of the officials said.
The four projects, which together can produce 3,119 MW of electricity, have been hobbled by long administrative delays as well as due to restrictions imposed by the Indus Waters Treaty, which India decided to put on hold a day after the deadly terrorist attack in Jammu and Kashmir's Pahalgam on April 22 that claimed 26 lives.
Apart from power, the Sawalkote dam, a so-called run-of-the-river project, will also bring irrigation potential to large agricultural tracts, a second official said, adding it will come up in the Ramban, Batote, Mahore and Udhampur forest divisions abutting the Raman, Reasi and Udhampur districts of the Union territory.
The detailed project report or DPR for the dam has been prepared by the National Hydroelectric Power Corporation (NHPC) Ltd, the country's largest state-backed hydropower firm. The government is examining which agency should be tasked with the project.
'The Jammu and Kashmir government has expressed a desire to be involved in the construction of the project and build it either through one of its own power companies or through a joint venture. A decision will be taken soon,' the first official said.
India has quickened processes to start work on proposed infrastructure on the Indus River system as well as speed up work on existing ones after pulling out of the 1960 water-sharing pact amid a freeze in ties following the Pahalgam terror attack.
In 2021, the forest department of Jammu and Kashmir had recommended environmental clearance along with 'justifications', which had formally rolled out the process of preliminary work for the Sawalkote project, including recommendation of the catchment area plan.
The Centre is likely to give a go-ahead soon for the stage I of the two-phased project after issues of picking the agency and reviewing Jammu and Kashmir's demand for a role through a joint venture are settled. The Union territory is keen on getting on board because the project will then create a revenue source for it, the second official said.
'Now that India has put the Indus treaty in abeyance, the country has no obligations under the treaty and it is free to create infrastructure in the Indus rivers on the Indian side,' said Shashi Shekhar, a former Union water resources secretary.
Shekhar, as the top water resources bureaucrat then, had recommended the Centre suspend the treaty in 2016, when terrorists had attacked an Indian army base in Kashmir's Uri, killing 18 soldiers.
Prior to keeping the water-sharing pact in abeyance following the Pahalgam terror attack, India had been pressing Pakistan to renegotiate the treaty, citing natural changes in the Indus river basin itself, which had diminished India's share amid a rising population. Under the treaty, the ratio of water shared by Pakistan and India stood at 80:20.
India had sought a revision in the terms of the treaty bilaterally. According to the Indian side, Pakistan ignored pleas for bilateral renegotiation, and instead moved the World Bank for appointing a neutral expert to address the issues.
India then accepted a neutral expert appointed by the World Bank, which had brokered the six-decade-old treaty by formulating its technical aspects, according to the Indian side.
However, Pakistan then moved for international arbitration, a step India considers was a serious escalation by Islamabad, without exhausting all available options, according to Indian officials.
Since India's decision to suspend the treaty, Pakistan has written four letters to Indian authorities, offering to discuss specific issues, HT had reported last week. India and Pakistan have fought four wars but the treaty had never been paused before.
In letters sent to India, Pakistani authorities are learnt to have said that India didn't have powers to unilaterally suspend the treaty and called for resumption of negotiations. In an international conference on glaciers in Dushanbe on May 30, Pakistan Prime Minister Shehbaz Sharif had raked up the treaty, accusing India of 'weaponising water'.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
31 minutes ago
- Hans India
AP sports policy among the best in country: SAAP chairman
Rajamahendravaram: Andhra Pradesh has introduced one of the best sports policies in the country, thanks to Chief Minister N Chandrababu Naidu's strong commitment to the development of sports, said Sports Authority of Andhra Pradesh (SAAP) Chairman Ravi Naidu. Inaugurating the Godavari Pushkaralu Indoor Sports Complex at Venkataramaiah Nagar in the second division on Wednesday, he said that Andhra Pradesh's sports policy goes beyond those of other Indian states. Foundation stones were laid for 142 development projects and inauguration ceremonies were held for 19 works, totalling Rs 58.41 crore in investments. Speaking at the public gathering, Ravi Naidu stated that the new policy includes a comprehensive plan to promote sports from the grassroots level. The reservation quota for sportspersons in government jobs has been increased from 2% to 3%, and Olympic gold medalists will now be rewarded with Rs 7 crore and a Group 1 government job. In the latest DSC notification, 421 posts have been reserved under the sports quota, Naidu said. He also mentioned that athletes achieving success at the state and national levels are being given significant support by the government. Expressing his delight over the inauguration of the Indoor Sports Complex, he said that after Tirupati, Rajamahendravaram is the only city in the state to offer rifle shooting facilities. Plans are underway to introduce water sports shortly as well. Municipal Commissioner Ketan Garg said the government is giving priority to sports and is providing the necessary infrastructure to support athletes. He also stated that 25 parks are being beautifully developed, and efforts are being made to improve 20 traffic junctions across the city. Rajamahendravaram City MLA Adireddy Srinivas said that the government aims to transform the city into a major sports hub. The Godavari Pushkaralu Indoor Sports Complex will stand as a milestonein the city's history, created not just to offer basic amenities to pilgrims during Pushkaralu, but also to promote sports, he added. The complex was built with a total budget of Rs 3.41 crore, Rs 1.91 crore from municipal general funds, and Rs 1.5 crore from SAAP funds. It includes facilities for carroms, chess, table tennis, shooting, snooker, billiards, and a gym. It is expected to generate an annual revenue of Rs 10 lakh for the municipal corporation. MLA added that under the Khelo India initiative, a multi-purpose sports complex worth Rs 50 crore is being planned at the city's lorry stand area. Speaking on the occasion, MLC Somu Veerraju described Khelo India as a remarkable initiative aimed at identifying and nurturing sports talent. He said the objective is to enable Indian athletes to make their mark on the global sporting stage by providing the necessary facilities and encouragement. AP Settibalija Corporation Chairman Kudupudi Sattibabu, Ex-Corporator Varre Srinivas, JSP leader Y Srinivas, SE (Engineering) M Ch Koteswara Rao, Executive Engineers P Rita and Madhavi, CMM Ramalakshmi, and other municipal officials and staff participated.


Mint
42 minutes ago
- Mint
Stocks to buy under ₹100: Experts recommend five shares to buy today — 12 June 2025
Stocks to buy under ₹ 100: The Indian stock market continued to trade volatile for the sixth straight session on Wednesday. The Nifty 50 index ended higher for the sixth straight session and finished at 25,141. The BSE Sensex gained 123 points and closed at 82,515, while the Bank Nifty index went off 169 points and closed at 56,459. Sectorally, oil & gas, IT, and pharma were the major gainers, demonstrating strength even in a consolidating market. However, Nifty PSU Banks, FMCG, and metal sectors ended the day in the red. In a change from recent trends, the Nifty Mid-cap and Small-cap indices broke their winning streak today. The Nifty Mid-cap 100 Index fell by 0.49%, while the Nifty Small-cap 100 Index went down by 0.53%. However, market breadth remained decisively positive, with advancing stocks significantly outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.24. On the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "Looking ahead, market participants will closely track key economic data points, with US CPI data released on Wednesday, followed by the UK GDP print and India's CPI inflation reading, due on Thursday. Positive developments on the US-China trade front and the India-EU FTA could influence sentiment and set the tone for near-term market direction." Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index, after consolidating since the last two days, witnessed a volatile session with the initial half progressed ahead to scale the 25,200 zones while post-lunch session succumbed to profit booking to end near the 25,150 level with sentiment slightly turning cautious. The index has the 25,000 zones as the near-term support, while on the upside, the 25,500 level can be expected in the coming sessions once there is a breach above the hurdle of 25,200 levels, with overall bias maintained strong." "The Bank Nifty index has witnessed another session of profit booking to slip further from the peak made near the 57,000 zone, and with the 55,800 to 56,000 band maintained as the important support from the current level, the index is still in the strong territory but would need a decisive breach above the 57,000 level to anticipate for fresh upward move in the coming days to maintain the positive bias intact," Shiju Kuthupalakkal said. Regarding stocks to buy today, market experts Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP—Research at Hensex Securities; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshil Jain, Head of Research at Lakshmishree Investment and Securities, recommended these five intraday stocks: Lloyds Enterprises, NMDC Steel, Sterlite Technologies, Fedders Holding, and Ugar Sugar Works. 1] Lloyds Enterprises: Buy at ₹ 73, Target ₹ 83, Stop Loss ₹ 70. 2] NMDC Steel: Buy at ₹ 40 to ₹ 41, Targets ₹ 42.40, ₹ 43.80, ₹ 46, Stop Loss ₹ 38.80; and 3] Sterlite Technologies: Buy at ₹ 76.50 to ₹ 77, Targets ₹ 78.50, ₹ 80, ₹ 82, ₹ 85, Stop Loss ₹ 74.60. 4] Fedders Holding: Buy at ₹ 50, Targets ₹ 53, ₹ 54.80, Stop Loss ₹ 48.40. 5] Ugar Sugar Works: Buy at ₹ 51, Target ₹ 58, Stop Loss ₹ 48 (Closing Basis).


Hans India
an hour ago
- Hans India
11 Years Of NDA Rule: India's infra boom driving ‘Ease of Living', says Modi
New Delhi: Prime Minister Narendra Modi on Wednesday said it has been 11 years of infrastructure revolution and asserted that India's rapidly expanding infrastructure network is boosting 'Ease of Living' and enhancing prosperity. "It's been #11YearsOfInfraRevolution, with outstanding infrastructure being added that has enhanced India's growth trajectory," Modi said on X. From railways to highways, ports to airports, India's rapidly expanding infrastructure network is boosting 'Ease of Living' and enhancing prosperity, the PM said. Modi shared a thread from a government's citizen engagement platform that highlighted new India's infrastructure development over the last 11 years. "Smart Cities. Safer Roads. Smoother Commutes- #NewIndia's Infrastructure Promise. India's infrastructure is racing into the future under PM @narendramodi's leadership," the post on the MyGovIndia read. "It's a journey where steel and spirit merge, and each milestone carries the hopes of a billion. Highways that shorten distances, bridges that unite communities, and digital networks that spark innovation - India is building more than infrastructure. It's building confidence, connectivity and a beautiful canvas for every Indian dream," it said. The thread highlighted that the momentum shift isn't just about progress - it's about a promise to uplift every citizen and transform India's future. In another post, Modi said, "India's push for next-gen infrastructure is powered by sustainability and long term vision." It is laying the foundations of a self-reliant India, he said.