Centre to provide financial support to J&K in generating power

Union Power Minister Piyush Goyal on Saturday said the Centre will provide necessary financial support to Jammu and Kashmir for realising the potential of generating 20,000 MW electricity in the state.

PTI| Updated: Aug 23, 2014, 18:44 PM IST

Srinagar: Union Power Minister Piyush Goyal on Saturday said the Centre will provide necessary financial support to Jammu and Kashmir for realising the potential of generating 20,000 MW electricity in the state.

"Generation of 20,000 MWs should be the goal for us. Let it happen in our time," Goyal said addressing a meeting of officials from his ministry and the state Power Development department here.
He said the Central government will provide all financial support to Jammu and Kashmir to realise this goal.

Goyal said the government, led by Narendra Modi, has focused on Jammu and Kashmir specially and the development of power sector will receive special place.

He said the issues between the state and the Union Power Ministry can be easily resolved through the process of meetings and interactions.

Goyal said the Union Power Ministry will provide full cooperation to the state in moving ahead confidently on road to achieve new goals in power development sector.
The Minister said the huge potential of 20,000 MW of hydro energy available in the state if harnessed will not only give significant boost to the state`s economy but also benefit the country.

He asked the officers of Union and state governments to draft detailed project reports for all identified hydel projects so that no delay is caused at the time of the launch of each project.

The Minister welcomed the establishment of Chenab Valley Power Company by the state government to take up power projects under joint venture mode.

He said this will give considerable fillip to achieve power generation targets.

The Minister said the Modi government has flagged quality and affordable power generation as an important and priority concern and efforts will be made to provide adequate and affordable power to 125 crore population of the country irrespective of any politics.

He said the country`s economic upliftment, development of social fabric, improvement in the sectors of health, education, industries, agriculture and allied activities besides all round development revolves round the development of power sector.

Goyal said round the clock power supply particularly to the youth to utilize it for achieving economic and technological goals is the endeavour of the government of India.