J&K: Ratle Hydroelectric Project To Be Developed Through Joint Venture
The Ratle hydroelectric power project in Jammu and Kashmir has been proposed to be developed through a joint venture. A recommendation from the Public Investment Board of the Finance Ministry has also asked for an investment of Rs 5,281.94 crore for the 850 MW project. Reportedly, the joint venture will be named as Jammu Hydroelectric Power Corporation Limited. The project will boost the economy of J&K, said an official spokesperson.