Rs17.50 bn Tato-I Hydro Project Approved to Boost Arunachal's Power
POWER & RENEWABLE ENERGY

Rs17.50 bn Tato-I Hydro Project Approved to Boost Arunachal's Power

The Cabinet Committee on Economic Affairs, led by Prime Minister Narendra Modi, approved a Rs 17.50 billion investment for the Tato-I Hydro Electric Project (HEP) in Arunachal Pradesh's Shi Yomi district.

As per an official release, the project is expected to be completed within 50 months. It will have an installed capacity of 186 MW (3 x 62 MW) and is anticipated to produce 802 Million Units (MU) of energy annually. The generated power is aimed at enhancing the electricity supply in Arunachal Pradesh and contributing to the stabilization of the national grid.

The project will be executed through a collaboration between the North Eastern Electric Power Corporation (NEEPCO) and the Government of Arunachal Pradesh. The Government of India will allocate Rs 770.37 million as budgetary support for infrastructure development, including roads, bridges, and transmission lines. Furthermore, the project will receive Central Financial Assistance of Rs 1.20 billion for the state's equity contribution. Arunachal Pradesh is set to benefit from 12 per cent free power, an additional 1 per cent designated for the Local Area Development Fund (LADF), and overall enhancements in regional infrastructure and socio-economic conditions.

The initiative includes the construction of approximately 10 kilometres of roads and bridges, which will primarily serve the local population. The district is also set to gain essential facilities such as hospitals, schools, vocational training institutes like ITIs, marketplaces, and playgrounds, supported by a dedicated Rs 150 million allocation. Additionally, the local community will receive compensation, employment opportunities, and benefits from CSR activities under the project.

The Cabinet Committee on Economic Affairs, led by Prime Minister Narendra Modi, approved a Rs 17.50 billion investment for the Tato-I Hydro Electric Project (HEP) in Arunachal Pradesh's Shi Yomi district. As per an official release, the project is expected to be completed within 50 months. It will have an installed capacity of 186 MW (3 x 62 MW) and is anticipated to produce 802 Million Units (MU) of energy annually. The generated power is aimed at enhancing the electricity supply in Arunachal Pradesh and contributing to the stabilization of the national grid. The project will be executed through a collaboration between the North Eastern Electric Power Corporation (NEEPCO) and the Government of Arunachal Pradesh. The Government of India will allocate Rs 770.37 million as budgetary support for infrastructure development, including roads, bridges, and transmission lines. Furthermore, the project will receive Central Financial Assistance of Rs 1.20 billion for the state's equity contribution. Arunachal Pradesh is set to benefit from 12 per cent free power, an additional 1 per cent designated for the Local Area Development Fund (LADF), and overall enhancements in regional infrastructure and socio-economic conditions. The initiative includes the construction of approximately 10 kilometres of roads and bridges, which will primarily serve the local population. The district is also set to gain essential facilities such as hospitals, schools, vocational training institutes like ITIs, marketplaces, and playgrounds, supported by a dedicated Rs 150 million allocation. Additionally, the local community will receive compensation, employment opportunities, and benefits from CSR activities under the project.

Next Story
Infrastructure Urban

bauma Conexpo 2024 is it the largest edition, with 1,000 exhibitors

India's construction equipment industry is experiencing significant growth, fueled by rapid infrastructure development, expanding mining activities, and increasing urbanisation. bauma Conexpo India will bring together leaders, global players and decision-makers from the international trade fair for construction machinery, building material machines, mining machines and construction vehicles under one roof. The exhibition will host its biannual event at the India Expo Centre, Greater Noida  from 11 to 14 December 2024.In 2023, the exhibition attracted 41,108 participants as well as 601 exh..

Next Story
Infrastructure Urban

Our commitment to excellence and innovation drives our success

In India's dynamic industrial landscape, Gmmco, a comprehensive solutions provider across the construction, resources and energy transportation industries, stands as a testament to innovation. As a powerhouse of the CK Birla Group with a legacy spanning over five decades, the company has evolved from a traditional equipment supplier to a full-spectrum solutions provider, prioritising technology, innovation and sustainability. Its distinctive approach includes rental solutions, used equipment options, financing support, rebuilt options and tailored product support solutions, setting new benchma..

Next Story
Infrastructure Urban

Vedanta plans $2 billion investment in Saudi Arabia copper projects

Vedanta announced its plan to invest $2 billion in major copper projects in Saudi Arabia. Vedanta Copper International, a wholly-owned subsidiary of the company, has signed an agreement with Saudi Arabia's Ministry of Investment and Ministry of Industries & Mineral Resources. The agreement outlines the establishment of a greenfield copper smelter and refinery with a capacity of 400 kilo tonnes per annum (KTPA) and a 300 KTPA copper rod project. According to the company, this collaboration aligns with Saudi Arabia's Vision 2030 and aims to invest $2 billion in significant copper projects withi..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000