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ADB to lend Rs 1,925 cr for power projects in Tripura

Friday, 26 Jul 2019

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The Asian Development Bank (ADB) has sanctioned approval for Rs 1,925 crore project for upgradation of power generation and distribution in Tripura.

The amount was recently sanctioned to the Tripura State Electricity Corporation (TSECL) after the state government had sought ADB's assistance.

The project has been sanctioned for upgrading capacity of 63 MW Rokhia Project to 120 MW at an estimated cost of Rs 699.80 crore and modernising Gumti Hydro Electric Project at an estimated cost of Rs 1,225.88 crore. Rokhia project is located at West Tripura district whereas Gumti project is in Gomati district.

On the other hand, the North East Council has also approved sanction of Rs 12.7 crore for overhaul of the 49.15 km long Ambassa-Gandacherra power transmission line.