Srinagar, Feb. 19 -- Besides, the authorities have further projected that in the coming ten years, the Compound Annual Growth Rate (CAGR) of power demand is likely to increase by more than four percent in Jammu and Kashmir and Ladakh.

According to the official documents, authorities in a report have projected that "Electrical energy demand for the UT of J&K and Ladakh is increasing with a CAGR of 4.2 percent from 2024-25 to 2034-35 as forecasted by 20th Electric Power Survey (EPS) of India."

It has further said that the projections of J&K also indicate that electrical energy demand may increase with a CAGR of 4.07 percent from 2024-25 to 2034-35.

"For satisfying resource adequacy that is meeting the electricity demand reliably and at a...