Nevertheless the undertaking was prepared 17 many years in the past at an believed expense of in excess of Rs 2,285 crore, it could not be implemented because of to paucity of resources with the point out.
The Centre will present money assistance of above Rs 485 crore (for irrigation component) to the point out for applying the challenge in excess of five years from 2018-19 to 2022-23.
The choice in this regard was taken by the Union Cupboard, retaining in check out the provisions of the Indus H2o Treaty involving India and Pakistan. Under this 1960 treaty, India has comprehensive legal rights for utilisation of waters of the 3 japanese rivers specifically Ravi, Beas and Satluj.
The venture will generate an further irrigation opportunity of 5,000 hectares in Punjab and 32,173 hectares in Jammu & Kashmir. In addition, Punjab will also be ready to crank out 206 MW of hydro-electric power.
The task was to begin with accepted by the Setting up Fee in November, 2001 and was provided beneath the accelerated irrigation positive aspects scheme (AIBP) of the ministry of water means for funding its irrigation part.
Revised expense of the ShahpurKandi Dam countrywide challenge was permitted by the advisory committee of the ministry in August, 2009. Nevertheless the central guidance of Rs 26 crore was released all through time period 2009-11, the performs could not progress a lot thanks to non-availability of funds on the portion of the Punjab govt for ability element and later on because of to inter-state difficulties with J&K.