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India has fast-tracked the Sawalkot Hydroelectric Project on the Chenab River in Jammu and Kashmir after suspending the Indus Waters Treaty with Pakistan. The National Hydroelectric Power Corporation (NHPC) issued a Rs 5,129 crore tender for a project generating 1,856 MW.

The project consists of two phases: Phase 1 will generate 1,406 MW, while Phase 2 will add 450 MW. Construction is projected to span approximately nine years. Bids open on March 12 and close on March 20, with a 3,285-day timeline for completion. The project aims to enhance energy security and economic growth in the region.