CCEA approves 2 hydro projects in Arunachal Pradesh
25-Nov-2024 11:04 PM 3824
New Delhi, Nov 25 (Reporter) In a major push to develop hydropower in Arunachal Pradesh, the government on Monday cleared the construction of two projects with an investment of Rs 3,689 crore. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved an investment of Rs 1750 crore for the construction of the Tato-I Hydro Electric Project (HEP) in Shi Yomi District of Arunachal Pradesh. The estimated completion period for the project is 50 months, an official statement by the Government said after the meeting of the CCEA. The project with an installed capacity of 186 MW (3 x 62 MW) would produce 802 Million Units (MU) of energy. The Power generated from the Project will help improve the power supply position in the state of Arunachal Pradesh and will also help in balancing the national Grid. The project will be implemented through a Joint Venture Company between North Eastern Electric Power Corporation Ltd. (NEEPCO) and the Government of Arunachal Pradesh. The government of India shall extend Rs 77.37 crore as budgetary support for the construction of roads, bridges and associated transmission lines under enabling infrastructure besides Central Financial Assistance of Rs 120.43 crore towards equity share of the State. For the second project, the CCEA approved an investment of Rs 1939 crore for the construction of the Heo Hydro Electric Project (HEP) in Shi Yomi District of Arunachal Pradesh. The estimated completion period for the project is 50 months. This project with an installed capacity of 240 MW (3 x 80 MW) would produce 1000 Million Units (MU) of energy. The Power generated from the Project will help improve the power supply position in the state of Arunachal Pradesh and will also help in balancing the national Grid. The project will be implemented through a joint venture company between North Eastern Electric Power Corporation Ltd. (NEEPCO) and the Government of Arunachal Pradesh. The government of India shall extend Rs 127.28 crore as budgetary support for the construction of roads, bridges and associated transmission lines under enabling infrastructure besides central financial assistance of Rs 130.43 crore towards equity share of the state. With the development of these projects, the state would benefit from 12% free power and another 1% towards the Local Area Development Fund (LADF) besides significant infrastructure improvement and socio-economic development of the region. There will be significant improvement in infrastructure, including the development of around 10 kilometres of roads and bridges, for the project which shall be mostly available for local use. The district will also benefit from the construction of essential infrastructure such as hospitals, schools, vocational training institutes like ITIs, marketplaces, playgrounds, etc. to be financed from dedicated project funds of Rs 15 crore. The local populace shall also benefit from many sorts of compensations, employment and CSR activities...////...
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