Srinagar, April 3 -- Peoples Democratic Party (PDP) and National Conference (NC) on Thursday informed that the Jammu and Kashmir government has handed over two power projects -240 MW Uri-I Stage-II and 260 MW Dulhasti Stage-II projects, with a total capacity of 500 MW-to National Hydro Power Corporation (NHPC). PDP leader Waheed ur Rehman Para alleged that decision was during ongoing assembly session. "As assembly session continues, J&K government has handed over two new hydropower projects to NHPC. An agreement has been signed between NHPC Ltd and JKSPDCL to develop the 240 MW Uri-I Stage-II and 260 MW Dulhasti Stage-II projects, with a total capacity of 500 MW. The projects will be executed under the BOOT model for 40 years before being transferred back to the UT. The agreement was signed on March 27, 2026, in Jammu," Para wrote on X. Pulwama legislator said that under the terms of the MoU, J&K is entitled to over 12% of the electricity generated from NHPC-operated projects. "The rest is transferred to the power grid from which the J&K government buys at market rates to bridge the energy deficit. In 2006, Prime Minister Manmohan Singh set up working groups on Jammu and Kashmir on economic development led by former Reserve Bank of India governor C Rangarajan. The group recommended the transfer of Dulhasti and Bursar projects to J&K, but the request was not heeded. It was followed by a cabinet sub-committee set up by the then National Conference (NC)-led government in 2011 to examine the terms under which hydroelectric projects were shifted to NHPC. The panel recommended the development of the Uri-II project by thestate government after the ownership transfer. Also, itput a condition for the construction of the Dulhasti Hydro Project II, subject to the transfer of ownership of the Dulhasti Stage-I project to the state," he said. National Conferece spokesman Imran Nabi Dar, however, blamed PDP for spreading lies. "Regarding the recent signing of the agreement between JKSPDL and NHPC for Uri and Dulhasti power projects, the discussions were held in 2020 by board of directors of JKSPDCL in 2020 and subsequenly the MOU was signed with NHPC in2021. @JKNC_ governmenthas ensured that interests of people of J&K are safeguarded.As always @jkpdp is spreading lies on the new development," Dar wrote on social networking site X....