IMPHAL, JUL 20(NPN):
Union Power Ministry proposed a project for improving the power transmission and distribution network among the states of the north eastern region costing Rs 9890.16 crore, official source here said Tuesday.
The total cost of the proposed project would be shared among the eight states of the region, Manipur (Rs 727.67 crore), Nagaland (Rs 1209.19), Assam (Rs 2710.87 crore), Meghalaya (Rs 1363.76 crore), Mizoram (Rs 714.01), Tripura (Rs 970 crore), Arunachal Pradesh (Rs 1180.27 crore) and Sikkim (Rs 680.29 crore). The rest Rs 333.73 crore will be inter-state share. Once, the Composite Scheme of Development of Intra State Transmission and Distribution Network in the North Eastern states gets implemented the existing system of power transmission and distribution network in the region would be improved and enhance reliability in the region, the source believed.
Manipur had agreed "in principal' to participate in the proposed venture. Others stated like Assam, Tripura had already moved ahead for implementation of the scheme, the source added. Further, Manipur government had agreed for availing loan from the World Bank considering the poor transmission and distribution network in the state.
The proposed scheme would ensure a reliable and strong transmission and distribution network in the state and would be sufficient to handle the demand for the next 20 years or so, official of the power department maintained. Reiterating that the cost component for the state is Rs 727.67 crore and as the component of loan being Manipur's share to be posed to the World Bank for the scheme is Rs 618.52 crore which is 85% of the project cost and balance Rs 109.15 crore would be the equity of the project which constitute 15% of the total tentative project cost for the state.
Out of the proposed World Bank loan of Rs 618.52 crore, according to the prevailing policy of government of India to support special category state like Manipur, Rs 556.67 crore which is 90% of the loan amount would be converted as grant and balance 10% amounting to Rs 61.85 crore as loan component of the project for Manipur.
The scope of the scheme is stringent of 495 km of new 132 KV line, installation of 4 numbers of 132/33 KV new sub-stations at Thoubal, Tipaimukh and Gamphajol including augmentation of existing sub-station with capacity addition of addition of 185 MVA, stringent of 2291 km of new 33 KV line and installation of 54 numbers of 33/11 KV sub-stations including augmentation of existing sub-stations with capacity addition of 244 MVA, they said.
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