Jammu and Kashmir State Power Development Corporation (JKSPDC) will invest Rs 1,850 crore this fiscal in setting up of power projects.
The annual budget of Rs 1,850 crore was approved by the Board of Directors of the JKSPDC during a two-day meeting chaired by Chief Minister Omar Abdullah, anofficial spokesman said today.
A 5 MWe technology Demonstration cum Resource assessment Geothermal Project will be developed in IPP mode at Pugah Leh to herald the beginning of harnessing rich geothermal reserves in Ladakh region, the spokesman said.