The Cabinet Committee on Economic Affairs, has approved the construction of 540 MW Kwar Hydro Electric Project located on the Chenab River in Kishtwar district of the Union Territory of Jammu and Kashmir.
The project will be implemented by Chenab Valley Power Projects Pvt Ltd which is a joint venture company between NHPC and JKSPDC.
The project has been approved with an investment of more than Rs 4 thousand 526 crore.
This project will generate 1975.54 million units of electricity in an average year.
The construction activities of the project will result in direct and indirect employment to about 2,500 people.
It is part of the Indus Basin and will be one of at least four upcoming projects in the district, including the 1,000 MW Pakal Dul Hydroelectric Project and the 624 MW Run-of-the-River Kiru Hydroelectric Project.
Under the 1960 Old Indus Water Treaty (IWT) between India and Pakistan, the two countries share the waters of six rivers in the Indus basin that flow from India to Pakistan.
Out of these three eastern rivers – Sutlej, Beas and Ravi have full rights by India, while western rivers – Chenab, Jhelum and Indus have rights of Pakistan.
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