The Cabinet Committee on Economic Affairs (CCEA) has approved the ₹1600 crore expenditure for pre-investment activities for the Dibang Multipurpose Project in Arunachal Pradesh. The total cost of the project is estimated at ₹28080.35 crore at June 2018 price levels, an official statement said.
The 2880 MW hydropower project will be the largest ever Hydro Electric Project to be constructed in India. At 278 meters, this will be the highest dam in India once completed. Arunachal Pradesh will get 12 per cent free power from the project, Minister for Information and Broadcasting, Prakash Javdekar said.
One per cent free power will be given in Local Area Development Fund (LADF). The total benefit to Arunachal Pradesh from free power and contribution to the LADF will be ₹26,785 crore over the project life of 40 years.
