Kashmir Chamber of Commerce and Industry today appealed to Prime Minister Narendra Modi to hand over the ownership of Salal, Dulhasti and Uri power projects to Jammu and Kashmir as interim compensation to the state on account of losses due to Indus Water Treaty.
In an open letter to the Prime Minister, who is arriving here tomorrow for his maiden visit to the state after assuming office, the KCCI demanded that the Centre initiate the process of returning all projects set up by the NHPC in Jammu and Kashmir to the state "as an interim compensation for Indus Water Treaty".
The KCCI proposed that the NHPC may be compensated through Central assistance.
"The Trade organisations demand that all the recommendations made by different commissions appointed by Central Government from time to time in regard to augmentation of State resources by way of transfer of Power projects operated by NHPC be implemented in letter and spirit," the KCCI statement said.
The KCCI urged the Prime Minister to dedicate the Uri-II power project, which he will be inaugurating tomorrow, to the people of Jammu and Kashmir.
"As your goodself is inaugurating the Uri II project, won't it be one of the best CBM's to dedicate it to people of J&K State," it added.