Cabinet nods implementation of Shahpurkandi Dam project

Image
IANS New Delhi
Last Updated : Dec 07 2018 | 12:15 AM IST

The Union Cabinet on Thursday approved implementation of Shahpurkandi Dam project on Ravi in Punjab that will help use some of river water which is going a waste through the Madhopur Headworks downstream to Pakistan.

An official release said that the government will provide a central assistance of Rs 485.38 crore for irrigation component of the project over five years from 2018-19.

It said that the project will create irrigation potential of 5,000 hectare in Punjab and 32,173 hectare in Jammu and Kashmir. The project would be implemented by the Punjab government with the central assistance and it would be completed by June 2022. On completion, Punjab would also be able to generate 206MW of hydropower.

Indus Waters Treaty was signed between India and Pakistan in 1960 for sharing of Indus waters. According to the Treaty, India got the full rights for utilisation of waters of the three eastern rivers -- Ravi, Beas and Satluj.

The release said that the project was initially approved by the Planning Commission in 2001 and included under the Accelerated Irrigation Benefits Scheme (AIBP) for funding its irrigation component.

However, work could not progress much due to non-availability of funds on the part of Punjab for power component and later inter-state issues with Jammu and Kashmir.

The release said that a series of meetings were held bilaterally as well as at the central level and an agreement was finally reached between the two states under the aegis of the Water Resource Ministry.

--IANS

ps/nir

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 07 2018 | 12:12 AM IST

Next Story