Srinagar: Jammu and Kashmir State Power Development Corporation (JKSPDC) has initiated a fresh bidding process to engage a consultant for quantification of losses suffered by the state on account of Indus Waters Treaty between India and Pakistan.
“Jammu and Kashmir State Power Development Corporation has initiated a fresh bidding process to engage a consultant for quantification of losses suffered by the state on account of Indus Water Treaty,” Deputy Chief Minister Nirmal Singh said in a written reply in the state Assembly here.
Replying to a question raised by CPI (M) MLA M Y Tarigami, Singh, who also holds the Power portfolio, said fresh bidding has been necessitated as the successful bidder of the first process refused to undertake the study.
Indus Waters Treaty, brokered by the World Bank, was signed in Karachi on September 19, 1960 by the then Prime Minister Jawahar Lal Nehru and then President of Pakistan Ayub Khan.
According to this agreement, control over the three ‘eastern’ rivers – Beas, Ravi and Sutlej – was given to India and the three ‘western’ rivers – Indus, Chenab and Jhelum – to Pakistan.
While the previous National Conference-Congress government had plans to seek compensation for the losses suffered by the state on account of the treaty, nothing concrete has come out of the process so far. The government does not have any figure based on scientific research about the losses suffered by the state.