PM laid the foundation of two hydel projects Chutak and Nimoo Bazgo in J&K

Prime Minister Narendra Modi on 12 August 2014 laid the foundation of 44 MW Chutak hydro-electric project and Nimoo Bazgo project in Jammu and Kashmir.  

The 44 MW Chutak hydro-electric project is in Kargil district and the 45 MW Nimoo Bazgo project is in Leh district of Jammu and Kashmir.
The aim of the project is to supply the power to the Ladakh region. The cost for the project was revised from an estimated cost of 611 crore rupees to 985 crore rupees on account of escalation, statutory charges and higher cost of award.

State-run Power Grid Corporation of India is implementing the Leh-Kargil-Srinagar Transmission System for connectivity with Northern Region Grid for meeting demands of the Ladakh region.
The 45 MW Nimoo-Bazgo hydro-electric project is a run-of- the-river scheme to harness the potential of river Indus in the state. The project is designed to generate 239 million units of energy.

The Nimoo Bazgo power station is located on river Indus in Leh district of the state and has an installed capacity of 45 MW (3x15 MW).