SRINAGAR - India and Pakistan, in an expensive winner-takes-all race to tap the power of the Kishenganga river in Kashmir, are separately aiming to build large hydro-electric projects just 70 kilometers apart on the same fast-flowing water on their respective sides of the divided region.
|Pakistan's water availability has decreased to 1,200 cubic meters per person from 5,000 cubic meters in 1947 and is forecast to plunge to 800 cubic meters by 2020. |
India's Kishenganga hydro-power project, which the government last February priced at US$740 million, involves a 330-megawatt plant in the Gurez Valley. That is about a third the capacity of the 963MW Neelum-Jhelum project planned at an estimated cost of US$2.16 billion in Pakistan-administered Kashmir, the project name reflecting the change from Kishenganga to Neelum of the river's name as it crosses to the Pakistani side of the divided region.
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