KashmirLife

PIB Clears Rs 1,400-Crore Grant For Sawalkote Project, Refers Rs 18,730-Crore Debt Proposal For Separate Review

SRINAGAR: The Public Investment Board (PIB) has approved a Rs 1,400-crore grant for infrastructure development at Jammu and Kashmirs 1,800-MW Sawalkote hydropower project on the Chenab river, while referring a separate proposal for Rs 18,730.25 crore in subordinate debt to the Budget Division of the Department of Economic Affairs for consideration. According to official records []