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Economy News

The Economic Times

Economy / The Economic Times

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NHPC J&K project may get 18,700 cr subordinated debt

The power ministry is exploring subordinated debt for NHPC's Sawalkote project. This low-interest financing aims to support the large hydropower development in Jammu and Kashmir. The project's estimated cost stands at 31,380 crore, with approvals pending. India is accelerating hydropower projects, especially on western rivers. Other large projects in Arunachal Pradesh have also received government approval.

18 Aug 2026 11:53 pm