Latest news with #KwarHEProject
News18
11-07-2025
- Business
- News18
Squeeze On Pakistan: Modi Govt Seeks Rs 3,119 Crore Loan To Fast-Track Kwar Dam On Chenab
The major milestone of the project i.e. diversion of River Chenab was achieved in January 2024. The Government of India is seeking a loan of Rs 3,119 crore to fast-track the construction of the key Kwar Dam on the Chenab River in Kishtwar, Jammu and Kashmir. This will be a greenfield storage type project that potentially would impact the water flow to Pakistan, after India's pause on the Indus Water Treaty. The Chenab Valley Power Projects Limited (CVVPL), a Joint Venture of NHPC Limited and Jammu & Kashmir State Power Development Corporation Limited, is executing the project. The CVVPL has now sought the best competitive interest rates from various financial institutions and banks for raising a Rs 3,119 crore term loan to part finance the 540 MW Kwar Hydro Electric Project. The entire project, which is under construction, is worth total Rs 4,526 crore, CNN-News18 has learnt. The major milestone of the project i.e. diversion of River Chenab was achieved in January 2024. This is a major landmark for the project as the same has paved way for start of main Dam works which are in progress. Further, works at various front of the project were started during the period with most notable being the start of excavation of 609-metre long Main Access Tunnel. The diversion of river is an important milestone for every Hydro Electric project and is a significant event as construction works of the dam were started subsequently. The project is located in district Kishtwar of J&K on Chenab river. It envisages construction of 109-metre high concrete gravity dam and the annual generation will be 1975 MU. Prime Minister Narendra Modi laid the foundation stone of the project on April 24, 2022. The government is making all efforts for timely completion of the milestones for early completion of the Kwar HE Project by 2027. The completion of this project will improve the availability of energy in the region which will further accelerate the industrial growth of the country in general and J&K region in particular. The project is located about 28 km from Kishtwar. view comments First Published: July 11, 2025, 09:34 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
08-05-2025
- Business
- News18
How Modi Govt Is Fast-Tracking 4 Big Hydropower Projects Amid India-Pakistan Tensions
Last Updated: The four hydro-power projects being fast-tracked are - Pakal Dul, Kiru, Kwar and Kirthai. 'Now, India's water will flow for India's rights, will be stored for India's rights, and will serve only India's needs"- So said Prime Minister Narendra Modi on Tuesday, reflecting his firm stance on managing India's water resources more effectively and ensuring they benefit the country first. After the big surgical strikes in Pakistan, India is planning the big squeeze on water going to Pakistan. But how will this be executed? Four major hydro-power projects are being fast-tracked by the government. This comes at a time when India has put the Indus Waters Treaty with Pakistan in abeyance following the Pahalgam terror attack in which 26 civilians were killed by cross-border terrorists. 1. Pakal Dul HE Project: Located in Jammu and Kashmir's Kishtwar, the concrete-faced rock fill dam, standing at 167m, is the highest of its kind in India, with 72m of dam height progress and 24.78 lakh cum filling achieved. The completion of the Head Race Tunnel is vital for the timely completion of the project, and excavation is progressing rapidly. The government has approved the setup of transmission lines. The spiral casing erection for Unit-1 and Unit-2 was completed in February 2024. 2. Kiru HE Project (624 MW): Located in Kishtwar, the timely completion of dam concreting works is essential for the project's completion, with 3.5 lakh cum of concreting achieved out of a total of 13.95 lakh cum. The project is expected to be completed within the fixed timeline. 3. Kwar HE Project (540 MW): A major milestone, the diversion of the River Chenab, was achieved in January 2024, allowing the start of main dam works, which are currently in progress. 4. Kirthai Stage-I (930 MW): Located in the Kishtwar district, J&K, upstream of the Kiru HE project on the Chenab River, this run-of-river project will generate 3329.52 MU annually in a 90% dependable year. It involves the construction of a 121m high concrete gravity dam. The project is set to begin without the need for an earlier Indus Water Treaty clearance application. The power generated will be distributed widely. More Developments Power Purchase Agreements for Pakal Dul HE Project and Kwar HE Project have been signed with Chhattisgarh State Power Distribution Company Limited (CSPDCL) and Gujarat Urja Vikas Nigam Limited (GUVNL). Consents for power purchase have been received from Haryana, Maharashtra, and Karnataka for both projects. A Power Purchase Agreement for Kiru HE Project, covering 543 MW, has been signed with GUVNL, and consents for power purchase have been received from Chhattisgarh, Uttar Pradesh, and Karnataka. First Published: May 08, 2025, 08:18 IST
