BS reported that National Hydroelectric Power Corporation and Jammu & Kashmir have signed an agreement on equity share in 3 major power projects over the river Chenab in Doda and Kishtwar districts of the Jammu region.

According to the report, J&K government has floated Chenab Valley Corporation for the purpose. The equity share will be 49:51, with 49% for the state and 51% for the NHPC. The projects are 1,000 MW Pakal Dul project in Kishtwar, 600 MW Keru project and 520 MW Kawar project in Doda. The Power Finance Corporation will fund these projects.

NHPC has also provided an additional amount of INR.200 crore on the request of J&K government for the completion of Baglihar power project on the Chenab in Ramban district of Jammu.