JAKEDA to allot 6 MHPs of 9.5 MW capacity to IPP developers in State

SRINAGAR, JULY 20: The Jammu and Kashmir Energy Development Agency (JAKEDA) is developing 6 Mini Hydle Power Projects of 9.5 MW capacity in the Jammu and Kashmir State through Independent Power Producers (IPP) mode under phase-II.This was stated by the Minister of State for Science and Technology Mr. Feroz Ahmad Khan here today while reviewing the functioning of Jammu & Kashmir Energy Development Agency (JAKEDA), Kargil Renewable Energy Development Agency (KREDA) and Leh Renewable Energy Development Agency (LREDA).The Minister said that the process for allotting the works of these Hydle power projects has been started through competitive bidding, adding that the required letters have been issued to the respective bidders by the authorities of JAKEDA.The Minister said that the JAKEDA has earlier allotted 6 projects having 9.95 MW Cumulative capacities under Phase-I among IPP to develop these projects in different areas of the State. He said more projects shall also be allotted in future in Phased manner by JAKEDA to play a positive role as State’s Renewable Nodal Agency for harnessing the renewable power potential in the state.On the occasion, the Commissioner-Secretary, Science and Technology Mr. Bipul Pathak, asked the concerned officers for utilizing the central funds properly and timely production of Utilization Certificate (UC) so that the agency get more funds from the central government .He said the State has tremendous Hydle power potential and its proper exploitation is the need of the hour to make the State self-reliance in power. He said there is no dearth of funds as the central Government is extending liberal funds for the purpose. He hoped that power projects taken into hand by the different agencies would be completed in the time frame and the people of the State get benefited from these projects.Earlier, the agency through power point presentation informed the meeting about the present status of the three agencies about the upcoming mini Hydle power projects in the State.Chief Executive Officer, JAKEDA, Mr Peerzada Hafiz-ullah Shah, Project Director, LREDA Mr Jigmat Takpa, Project Director, KREDA Mr Khadim Hussain and other officials of agencies attended the meeting.