Six states sign pact to quench thirst

Image
IANS New Delhi
Last Updated : Jan 11 2019 | 6:55 PM IST

Six northern states on Friday signed a MoU to construct a Rs 4,596.76 crore dam in Uttarakhand that will provide water to the national capital and other beneficiary states.

The dam, named Renukaji, a multipurpose project, will be built on Giri river in the upper Yamuna basin.

The Chief Ministers of Rajasthan, Haryana, Uttar Pradesh, Uttarakhand, Delhi and Himachal Pradesh signed the MoU here at an event where Union Minister for Water Resources Nitin Gadkari was present.

The dam will augment water availability for New Delhi, Haryana, Uttar Pradesh, Himachal Pradesh, Uttarakhand and Rajasthan.

The project will also generate 40 MW of power during peak flow and is proposed to be executed by state-run Himachal Pradesh Power Corp Ltd (HPPCL).

Since 90 per cent cost of the power component is being borne by Delhi, Himachal Pradesh would get about 200 million units of electricity at Rs 0.30 per unit, an official statement quoting Himachal Chief Minister Jai Ram Thakur said.

The dam would generate net revenue of Rs 60 crore per annum to the HPPCL and Rs 12 crore to the state government in its first year of operation.

The revenue would further increase over a period of time.

Thakur said with the flow of investment of more than Rs 5,000 crore, the state's economy would get a boost.

The Chief Minister said with the construction of the dam, the flow of the Giri river would increase about 110 per cent. That will meet the drinking water needs of Delhi and other basin states.

The project will provide 0.498 billion cubic metre of storage in its reservoir and a firm water supply to the tune of 23 cumecs to Delhi.

The 90 per cent cost of irrigation and drinking water component of the project i.e. Rs 3,892.83 crore will be provided by the Central government and rest 10 per cent by the six states.

Water from the Renuka dam in Sirmaur district of Himachal Pradesh will be released into the Yamuna river, from where it will flow to Haryana's Hathinikund barrage and finally reach Delhi.

The project had hit roadblocks repeatedly since an agreement was signed in 1994 that water from the Renuka dam would be supplied to Delhi.

The national status project is located some 250 km from Delhi.

--IANS

vg/mr

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: Jan 11 2019 | 6:48 PM IST

Next Story