Srinagar: Finance Minister Dr Haseeb Drabu Friday said the Jammu and Kashmir government is holding hectic parleys with the The Government of India (GoI) over the return of at least two power projects from the power giant NHPC.
Drabu while talking to KNS said that the chief minister Mehbooba Mufti during her recent visit to New Delhi raised the issue with the Prime Minister and that the state government is optimistic of a serious breakthrough soon.
Without divulging into details, Drabu said, “hopes could be raised over the return of at least two power projects from the NHPC to the state government.”
“We (state government) have been very much involved in the entire process and we are working on the modalities that could pave way for making it happen,” Drabu said.
Pertinently, the NHPC, between 2001-2015, has earned at least Rs 194 billion (Rs 19,431 Crores) from the sale of power generated by the hydel projects based in J&K. (KNS)