CVPPL pays Rs 433 crore compensation for hydropower project

State-run Chenab Valley Power Projects Private Limited has paid Rs 433 crores as compensation to Forest Department for diversion of forest land for Pakal Dul Hydroelectric Power project.
The compensation includes diversion of forest land on the right bank of Marusadar river, land of Kishtwar high altitude national park and a corpus fund for protection and conservation of wildlife, an officer of the state Power Department said.
Rs 17.80 crores have been paid to the Forest Department for diversion of 164.66 hectares of forest land on the right bank of Marusadar river along with compensation for afforestation and trees, he said.

Similarly, Rs 178.20 crores have been paid to the said department by CVPPL for diversion of 195 hectares of forest land, that of Kishtwar high altitude national park and compensation for afforestation and other issues, he said.
The officer said Rs 236 crores have been paid for conservation of wildlife.
Apart from this, the corpus fund of Rs 100 crores for protected area, he said.
The Pakal Dul H E Project of 1,000 MW installed capacity is proposed on Marusadar river, a tributary of Chenab in Kishtwar district of the state.