Cabinet approves investments in India’s largest hydropower plant
NEW DELHI: The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi has approved Rs 1600 crore expenditure on pre-investment activities and various clearances for Dibang Multipurpose Project in Arunachal Pradesh.
The estimated total cost of project is Rs 28080.35 crore and the estimated completion period for the project shall be nine years from receipt of Government sanction, an official statement said.
The project will generate 2880 mw (12×240 mw) power and is the largest ever hydro electric project to be constructed in India. The dam is 278 metres high and will be the highest dam in India once completed.
