Srinagar- Jammu and Kashmir Bank MD and CEO Amitava Chatterjee on Monday said the flash floods caused by heavy rains a couple of months earlier have delayed the completion of hydel power projects in the Union Territory by three to five months.

He, however, said that while there was no direct impact of it on the bank as of now, there was a possibility of cost overrun in these projects.

Jammu and Kashmir has been battered by a series of natural calamities like cloudbursts, extremely heavy rains and huge landslides in the past couple of months, which left several dead, battered infrastructure, and upended normal life.

“Most of the infrastructure projects, like the hydel (power) projects which are in progress in the state, are being delayed by three to five months. That is the negative imp

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