Monday, May 30, 2016

Working out modalities for return of NHPC projects: Drabu

SRINAGAR: J&K Government today said it is working out modalities to enable the return of NHPC-run power projects of the state, but did not give any time-frame for the same.

“It (return of power projects) is on the Agenda of Alliance. I have had extensive discussions with people in Delhi. Modalities are being worked out,”State Finance Minister Haseeb Drabu told reporters here after presenting the state budget for 2016-17 in the State legislature.

The Minister said State Government has worked out a few modalities with NHPC, but refrained from providing a time-frame for the return of the power projects.

“We have worked out three to four modalities and we will see which one suits (the state) best. I cannot provide the exact date as to when the power projects will be returned to the state as the modalities are being worked out,” he said.

Asked about Union Power Minister Piyush Goyal s statement that the NHPC-run power projects cannot be returned to the State, Drabu said it was Goyal’s view.

He (Goyal) has a view and this is not for the first time that objections have been raised.

“He is a good friend of mine (but) he does not own NHPC. I can assure you that extensive discussions have happened,” the Finance Minister said. (AGENCIES)

The post Working out modalities for return of NHPC projects: Drabu appeared first on Jammu Kashmir Latest News | Tourism | Breaking News J&K.



from Daily Excelsior http://ift.tt/1U7Aulf

No comments:

Post a Comment