India on Thursday voiced its disapproval at the World Bank deciding to follow two "parallel mechanisms simultaneously" to resolve differences with Pakistan on the 330 MW Kishanganga hydroelectric power project coming up in Jammu and Kashmir, saying that it "cannot be party to actions that are not in accordance with the Indus Waters Treaty".
The Ministry of External Affairs, in a statement said that the government "will examine further options and take steps accordingly".
The statement said that as per the Indus Waters Treaty, signed between both countries and the World Bank in 1960, the World Bank has a specified role in the process of resolution of differences and disputes.
On the issue of differences between India and Pakistan on Kishanganga and Ratle Hydroelectric Projects under the Indus Waters Treaty, India had asked the World Bank to appoint a Neutral Expert to resolve the differences of a technical nature, which are within the domain of a neutral technical expert.
However, Pakistan had sought setting up of a Court of Arbitration, which is normally the logical next step in the process of resolution in the Treaty. The Neutral Expert can also determine that there are issues beyond mere technical differences.
It said that the World Bank decided to proceed with both steps simultaneously. India pointed out to the World Bank that the pursuit of two parallel difference/ dispute resolution mechanisms -- a Neutral Expert and setting up a Court of Arbitration -- at the same time is legally untenable.
"Inexplicably, the World Bank has decided to continue to proceed with these two parallel mechanisms simultaneously. India cannot be party to actions which are not in accordance with the Indus Waters Treaty," the statement said.
The statement comes as Pakistan on Thursday said it has objection over the design of Kishanganga dam in India and a case in this respect will be filed with the World Bank soon.
The Kishanganga Hydro Electric Project (KHEP), a run-of-the-river project on a tributary of the Jhelum river in Bandipora in Jammu and Kashmir, is being built by state-run National Hydroelectric Power Corporation (NHPC) at a cost of Rs 57.8 billion.
Pakistan says the Kishanganga project will affect the 969 MW Neelum-Jhelum hydroelectric project, which it is building downstream on the river.
--IANS
rn/vgu/
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
