The Jammu and Kashmir government disclosed that the Union Territory operates 32 hydropower projects with a total capacity of 3,540.15 megawatts. These projects are divided into 13 in the Central Sector, 6 in the State Sector, and 13 managed by Independent Power Producers. Additionally, plans are in place to add 3,704.5 MW through eight new projects by 2030–31.
In response to a query about the Ans (Nandoli) Hydroelectric Project, the government confirmed its 40 MW capacity and the delays it has faced due to non-performance by the Independent Power Producer. The project was tendered in 2011–12, formally allotted in November 2012, and has since encountered challenges. The IPP has expressed a desire to exit the project, citing financial and policy-related issues.
The Jammu and Kashmir Power Development Corporation is currently reviewing the situation in line with the implementation agreement and the Hydro Electric Power Policy, 2011. The project’s financial assessment has indicated the need for a 40-year levelized tariff of Rs 7.30 per unit, making it unfeasible under current market conditions. The matter remains under consideration by the authorities.
