JKSPDC - Jammu & Kashmir State Power Development Corporation

The Jammu & Kashmir State Power Development Corporation Limited (JKSPDCL), a Government of J&K enterprise, was incorporated as a Private Limited company on 16th February 1995. The Corporation has the mandate to takeover, execute, complete, operate and maintain all power stations and power projects in the State of Jammu & Kashmir. Power Development in Jammu and Kashmir has a long and distinguished history. 9MW Mohra Hydro-electric Plant, among the first of its kind in the subcontinent, was developed as early as 1905. The estimated hydel potential of J&K is about 20,000 MW, out of which projects of about 16,200 MW capacity have already been identified. These projects are techno-economically viable, besides being eco-friendly and socially beneficial. The Corporation presently has 20 hydroelectric projects with installed capacity of 758.70MW located in various districts of Jammu & Kashmir including 450MW BHEP. The Corporation has Gas Turbines based on HSD with installed capacity of 175 MW at Pampore near Srinagar. The Corporation has an annual turnover of over US$ 400 Million. In accordance with the State Hydel Policy, 2003 JKSPDC has allotted 10 small HEPs with a total capacity of 110.50 MWs under IPP phase-I. J & K is the first State in India to award 850 MW Ratle HEP (mega hydro power project) on BOOT basis through a tariff based competitive bidding process. The corporation is also pursuing the development of geothermal project in Pugah valley of Leh, Ladakh.