RHPCL and MEIL signed of contract agreement for turnkey execution of 850MW with stipulated timeframe

Today Ratle Hydroelectric Power Corporation Limited and Megha Engineering & Infrastructure Limited signed a contract agreement for the turnkey execution of 850MW Ratle HEP within a stipulated timeframe. Directed the concerned agencies to lay down a comprehensive mechanism for the skilling of the local people which will enable them to avail job opportunities in the execution of the project.I express my heartfelt gratitude to Hon’ble PM Shri Narendra Modi ji for prioritizing the rapid development of J&K with approval of new power projects to address the current power deficit and to meet the needs of UT’s expanding economy.We have undertaken a large-scale capacity addition programme in power sector resulting in huge leap in power transmission and distribution capacity. The new power generation projects like Ratle, Pakal Dul, Kiru etc will bridge a major gap in the UT’s electricity requirements.

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