Handover of Rattle power project to ‘unknown’ PSU

Handover of Rattle power project to ‘unknown’ PSU

It’s Delhi’s ‘continuous agenda’ to deprive J&K of natural resources: CCIK

SRINAGAR: The Associated Chamber of Commerce & Industries-Kashmir (CCIK) on Monday termed the handover of 850MW Rattle Hydroelectric Power Project to an “unknown” PSU of Govt of India as New Delhi’s “continuous agenda” to deprive the people of J&K of their natural wealth and resources.
The CCIK said in a statement issued here said it came with no surprise to the people of Jammu and Kashmir that the State Administrative Council (SAC) has decided to handover the project to an “unknown” PSU of Govt of India.
Nothing is clear about the terms and conditions on which this prestigious project is being handed over to the PSU, the CCIK said. “It is continuous agenda of the Govt of India to deprive the people of J&K of their natural wealth and resources. For the last 70 years, our natural resources – water, forest, minerals – are being looted with a minimal benefit to the people to whom these belong to.”
“It is pity that the people of J&K are facing acute shortage of energy (electricity) in the harsh months of winter though thousands of megawatts of power are being produced from the water resources which are assets of the local people,” the CCIK said. “It would not be out of place to mention that most of our older generation, sick and children, die in the winter months for want of heating arrangement in the absence of electricity.”
The Chamber said the Rattle project has already got all sanctions and approval of the World Bank and can be built and handled by our own engineers and J&K State Power Development Corporation (JKSPDC) who are competent enough which they have aptly proved by developing another prestigious project 900MW Bhagliar Hydroelectric Power Project.
The Chamber of Commerce and Industries-Kashmir (CCIK) said it opposes this move of the SAC to handover the project to the “unknown” PSU.
“It will be in the fitness of things to let the JKSPDC to build the project and generation of electricity should be kept only for use of the local people which will to some extent lessen our suffering, which we are going through otherwise,” the CCIK said.