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J&K s Ratle Hydroelectric Power Corporation to develop 850 MW project ​ By IANS | Published on ​ Thu, Mar 18 2021 1:51 IST | ​ 14 Views Power demand. (File Photo: IANS). Image Source: IANS News Srinagar, March 18 : The J&K Administrative Council (AC), which met here under the chairmanship of Lieutenant Governor, Manoj Sinha, on Tuesday approved the incorporation of the Joint Venture Company (JVC) under the name Ratle Hydro-electric Power Corporation to implement the 850 MW Ratle Hydro-Electric Project (HEP) on river Chenab at Drabshala in Kishtwar, Jammu and Kashmir, officials said. The proposed JVC will have authorised capital of Rs 1,600 Crore with initial paid up capital of Rs 100 Crore, out of which the Jammu and Kashmir State Power Development Corporation (JKSPDCL) will contribute Rs 49 crore as an initial equity.

Jammu and kashmirManoj sinhaPower development departmentJk state power development corporation ltdAdministrative councilRatle power corporationKashmir state power development corporationJk administrative councilVenture companyLieutenant governorJoint venture companyRatle hydroelectric power corporationHydro electric projectPromoter agreementPrincipal secretaryManaging director