Jammu and Kashmir Cabinet Approves New Hydro Power Policy


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Jammu and Kashmir Cabinet Approves New Hydro Power Policy
Jammu and Kashmir Cabinet Approves New Hydro Power Policy
The Jammu and Kashmir Cabinet has cleared a hydro power policy aimed at attracting private investment and facilitating urban asset mapping.

The Jammu and Kashmir (J&K) Cabinet convened today under the leadership of Chief Minister Omar Abdullah to announce several significant proposals. Among these is the newly approved J&K Hydro Power Policy 2026, intended to boost sustainable energy initiatives while attracting private sector investment in hydro power projects of up to 100 megawatts in Independent Power Producer (IPP) and Public-Private Partnership (PPP) modes.

The region has a considerable hydropower potential estimated at 14,635 megawatts, predominantly derived from the Chenab and Jhelum river basins. However, only 3,540.15 megawatts, or approximately 24% of this identified capacity, has been fully commissioned to date. The new policy aims to enhance development while ensuring compliance with environmental standards, including ecological flow and necessary evaluations under the Environmental Impact Assessment framework.

In addition, the Cabinet approved the Jammu and Kashmir Urban Asset Mapping and Monetisation Policy 2026. This initiative, developed by the Housing and Urban Development Department, focuses on digitising the records of urban properties. The comprehensive digital system will include details such as geographical coordinates, built-up area, land use, and title documents. A competitive bidding process is proposed for private involvement in this project, ensuring transparency and efficiency.

Other noteworthy decisions included the e-auctioning of a mineral block located at Sumcham Padder in Kishtwar district, aimed at promoting exploration of copper and nickel as identified by the Geological Survey of India. The Cabinet also sanctioned land transfers to facilitate various essential constructions. This includes land for a Sub-Registrar's Office in Budgam, a Special Operations Group camp in Kokernag, a veterinary hospital in Anantnag, and a Grid Station in Bandipora.

As per reports, these proposals will be forwarded to Lieutenant Governor Manoj Sinha for further approval. The Cabinet's meeting, while brief, was pivotal in discussing initiatives that align with public welfare and sustainable governance across Jammu and Kashmir. Chief Minister Abdullah highlighted the importance of collaboration among government departments to ensure these projects address community needs effectively.

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