Transforming J&K: J&K on path of Self-Sufficiency in Power Sector

UT administration initiates path breaking reforms in power sector

UT administration initiates path breaking reforms in power sector

 SRINAGAR, FEBRUARY 24:(KNS) The Jammu and Kashmir administration has set its target to harness the hydro power potential of the region in order to make J&K a power surplus in next five years.

 
In order to achieve this target, the administration has taken several path breaking reforms in the power sector which will change the dynamics of power sector here.
 
Tapping 20,000MW Power Potential
 
In the past 70 years, only 3500 MW out of the potential of 20,000 MW had been harnessed in Jammu and Kashmir. Once the entire potential is exploited, J&K will have surplus power and can be an energy exporter. However in the last two years alone, the projects for about 3000 MW capacity projects have been revived and subsequently put on track for operationalization.
 
Reforms in Power Sector
 
In the year 2020, the J&K Government had constituted a four member task force on power sector reforms for implementation of the initiatives, schemes and relief measures under the Atma Nirbhar Bharat Abhiyan. The initiatives included Rs 90,000 Crore liquidity infusion to Distribution Companies (DISCOMS) as a concessional loan offering by Power Finance Corporation (PFC) & REC Limited; tariff policy reforms encompassing consumer rights, promotion of industry and sustainability of power sector and distribution reforms in power sector.
 
Reforms in the power sector were rolled out in the UT in 2019, with the formation of separate transmission and distribution corporations for Kashmir and Jammu divisions. Subsequently, the existing employees of the J&K government’s Power Development Department (PDD) were moved to these corporations.
 
Execution of New HEPs
 
New projects of 3300 MW have been planned which include: four projects of Kirthai II (930 MW), Sawlakote (1856 MW) ,Duhasti stage II (258 MW) and Uri-I stage II (240 MW) to be executed soon.
 
Also, back in January 2021, in a historic moment for energy sufficiency in Jammu and Kashmir, Memorandums of Understanding (MoUs) were signed for implementation of much awaited Mega Hydro Power projects, including 850 MW Ratle HEP and 930 MW Kirthai-II HEP. On that occasion, the Lieutenant Governor, Manoj Sinha said that the vision of the Government was to harness the hydro energy resources of J&K with a goal to double the energy generation by 2024 and also to prepare a strategy for efficiency through policies, monitoring mechanisms to ensure energy security for economic and social benefits.
 
Transmission System Strengthening
 
On the transmission front, Rs 7500 Crore are being invested on system strengthening projects which include 1000 MVA transformation capacity already added at 220 KV level; Creation/argumentation of six 220/132 KV Grid Stations and 875 MVA transformation capacity added at 132 KV level.
 
While strengthening the distribution system, 190 numbers of 33/11 KV receiving stations are either created or augmented. Similarly, 5,742 new DTs have been installed and also 10 projects which were held up/languishing for nearly a decade were revived and completed like Draba-Chandak line and Hiranagar-Battal line.
 
SAUBHAGYA
 
J&K achieved 100 percent household electrification under SauBHaGYa before the target date. 3,57,405 beneficiaries were covered under the scheme.
 
Smart Prepaid Metering
 
Under Smart Prepaid Metering project, 40% of energy consumed will be metered via smart meters by March 2022 during which two lakh meters will be installed while as and eight lakh meters will be installed by March 2023 across the UT.
 
No: PR/DI/21/2743/
 
Government of Jammu and Kashmir
 
Department of Information
 
Thursday, February 24, 2022
 
Email: dipr@jkinformation.co.in
 
Export Registration in J&K goes up by 173%
 
DGFT, JKTPO registration drives yield good results
 
JAMMU, FEBRUARY 24: Jammu and Kashmir Trade Promotion Organization (JKTPO), a Government of Jammu and Kashmir Undertaking, collaborated with Directorate General of Foreign Trade (DGFT) to achieve the vision of Export promotion in UT of J&K with its registration drives for handholding the potential Exporters from J&K and facilitating them in getting new Importer-Exporter Code (IEC) which resulted in net increase of export registrations by 173%. IEC is a key business identification number that is mandatory for exports or imports. Further, number of issued IEC in Jammu and Kashmir has increased from 204 new registrations in 2020 to 557 in 2021.
 
As per data, a total of 2863 IEC registrations been done till date in Jammu and Kashmir. Also, the value of Exports in the UT from the last five years has increased from US$ 124.47 million to US$ 159.64 million.
 
This was one of the prioritized initiatives of JKTPO under the aegis of Department of Industries and Commerce for Export Promotion in the UT. As per the vision of ‘District as Export Hub’ of Government of India, JKTPO in collaboration with DGFT has organized various registration drives, training cum capacity building workshops for strengthening the Export scenario of J&K.
 
More than 40 ODOP items from all 20 districts of J&K have been selected and finalized by APEX Level Export Promotion Committee. A series of Buyer seller meets has been organized in association with different Consulates in order to promote various products from Agriculture & Handloom and Handicraft Sector and intends to do the same in near future also. JKTPO intends to create an international brand for all the identified local products and will give all the necessary support to interested exporters for promotion of their products and making connections with interested importers.
 
In a statement, Managing Director JKTPO, Ankita Kar said that, “As per the vision of Prime Minister each district of our country has a diverse identity and potential for global market and we from the Department of Industries and Commerce have reached out to existing and potential Exporters. The UT of J&K under the active guidance of Lieutenant Governor, Jammu and Kashmir is now on a fast transition path for opening global markets for the UT’s products and services”.
 
Furthermore, Suvidh Shah, Joint Director General of Foreign Trade said, ”We are extremely happy to share that there is a big hike in registration of Importer-Exporter Code from UT of Jammu and Kashmir in this year as compared to previous year”.(KNS) 

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