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Cabinet approves lease of land for Rattle hydroelectric project

KT NEWS SERVICE. Dated: 11/19/2012 11:29:43 PM

JAMMU, Nov 19: The cabinet on Monday accorded approval to lease of land for development of 850 MW Rattle Hydro Electric Project.
The state cabinet, which met here today under the chairmanship of Chief Minister Omar Abdullah, authorized J&K Power Development Department (PDD) to lease out 567.22 hectares of land comprising 138.93 hectares of forest land, 281.09 hectares of state land, 55.00 hectares of private land and 92.20 hectares of river bed area falling in village Drabshalla of tehsil/district Kishtwar on lease basis to M/s GVK Development Project Ltd. under the provisions of Land Grants Act 1960, for development of this mega project for a period of 35 years from the date of commercial operation.
Similarly, authorization has also been accorded to J&K PDD to lease out land to other Independent Power Producers (IPPs) at various locations in the state for periods specified in the individual agreements under provisions of land grants act, 1960 after obtaining all required clearances under rules.
The cabinet has also accorded approval to Science and Technology Department for execution of Rongdo 3 MW HydrO Electric Project by LREDA besides giving nod to the proposal for revision of Master Plan for Pahalgam Development Authority.