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    KASHMIR RATLE PROJECT

    'Attempt to rob J&K people of resources'

    Ratle Hydro Electric Power Corporation Limited, a joint venture between the NHPC Limited and JK State Power Development Corporation, has entered into a power purchase agreement with the Rajasthan Urja Vikas and IT Services Limited for 850 MW sourcing from the project in Kishtwar district of Jammu division. The agreement has been signed for the off-take of power for a period of 40 years.

    Power ministry allocates 1972 MW additional electricity for J&K amid rising demand

    The power ministry has allocated 1,500 MW from the central pool to meet the winter requirements of J&K. While under the Shakti policy, the union territory will get 472 MW, for which, a power purchase agreement is proposed to be signed by the end of December.

    India, Pakistan attend meeting of Neutral Expert proceedings on Indus Waters Treaty

    India has attended a meeting at the Permanent Court of Arbitration regarding the Kishenganga and Ratle matter under the Indus Waters Treaty. The delegation, led by the Department of Water Resources Secretary, participated in the Neutral Expert proceedings. India had refused to participate in parallel proceedings conducted by an "illegally constituted Court of Arbitration." The Ministry of External Affairs stated that India is committed to resolving issues in accordance with the provisions of the Indus Waters Treaty.

    Budget 2023-24: Jammu and Kashmir gets Rs 35,581.44 crore

    According to the Budget papers, Rs 35,581.44 crore has been allocated to Jammu and Kashmir, of which Rs 33,923 crore is central assistance.

    Pakistan raking up IWT violation without any reason: Union Minister Jitendra Singh

    The step comes around 10 months after the World Bank announced appointing a neutral expert and a chair of the Court of Arbitration under two separate processes to resolve the differences over the Kishenganga and Ratle Hydro Electric Projects following Islamabad's refusal to address the matter through bilateral talks. "IWT has a long history after it was signed in 1960, giving control of three rivers each to India and Pakistan. While Jhelum, Chenab and Indus were given to Pakistan, India was given the control of Ravi, Beas, and Sutlej.

    India wants to keep third parties out of water treaty with Pakistan: Sources

    Pakistan is concerned that India's planned hydropower dams will cut flows on the river, which feeds 80% of its irrigated agriculture. Over the years it has asked for a neutral expert and then an arbitration court to intervene.

    The Economic Times
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