New Delhi: In a significant boost to India’s renewable energy initiatives, NHPC Limited and Jammu & Kashmir State Power Development Corporation Limited (JKSPDCL) have signed an Implementation Agreement to develop two major hydroelectric projects with a combined capacity of 500 MW in the Union Territory of Jammu & Kashmir.
The agreement, signed on March 27, 2026, marks a major step toward enhancing clean energy generation and strengthening the region’s power infrastructure.
Details of the Hydroelectric Projects
The implementation agreement covers the following projects:
- Uri-I Stage-II Hydroelectric Project – 240 MW
- Dulhasti Stage-II Hydroelectric Project – 260 MW
Both projects will be developed by NHPC on a BOOT (Build-Own-Operate-Transfer) basis for a period of 40 years, ensuring long-term management, operation, and eventual transfer back to the government authority.
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Signing Ceremony and Key Officials
The agreement was signed at Jammu by:
- Rahul Yadav, Managing Director, JKSPDCL
- Anish Gouraha, Executive Director, NHPC
The ceremony was attended by senior officials from both organizations, highlighting the collaborative efforts toward advancing hydropower development in the region.
NHPC’s Chairman and Managing Director (CMD), Bhupender Gupta, congratulated the teams involved and praised their commitment to promoting sustainable energy projects that support India’s renewable energy targets.
Contribution to India’s Clean Energy Goals
With a total installed capacity of 500 MW, the Uri-I Stage-II and Dulhasti Stage-II projects are expected to:
- Strengthen reliable power supply in Jammu & Kashmir
- Contribute significantly to India’s clean energy targets
- Promote sustainable hydroelectric development in the region
These projects reinforce India’s strategy to expand renewable energy infrastructure while ensuring long-term energy security.
About NHPC Limited
NHPC Limited is a premier public sector enterprise in India, specializing in the development of hydroelectric and renewable energy projects. With a strong focus on sustainable and clean energy, NHPC plays a pivotal role in supporting India’s energy transition and expanding hydropower capacity across the country.
About Jammu & Kashmir State Power Development Corporation Limited (JKSPDCL)
JKSPDCL is the primary state-owned organization responsible for hydroelectric power development and management in Jammu & Kashmir. It oversees power generation, distribution, and infrastructure projects, aiming to ensure reliable and sustainable electricity supply in the Union Territory.
