June 22, 2011. Power utility NHPC said it will invest Rs. 2,400 crore on setting up three projects in J&K under a joint venture with Jammu & Kashmir State Power Development Corporation and PTC India. The joint venture entity -- Chenab Valley Power Projects Pvt Ltd -- will implement three projects having a total capacity of over 2,100 MW. Currently, NHPC -- the country's largest hydro electric power producer -- is engaged in the construction of ten projects at various locations in the country, having a total installed capacity of 4,502 MW.