Aiming at “total economic development” of the northeastern states, the Union Cabinet Wednesday approved the revised cost estimate of Rs 6,700 crore for power system improvement project in six states to strengthen intra-state transmission and distribution systems.
The scheme is being implemented through PowerGrid, a public sector undertaking (PSU) under Ministry of Power, in association with six beneficiary the northeastern states – Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, and is targeted to be commissioned by December 2021.
“The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, has approved the Revised Cost Estimate (RCE) of North Eastern Region Power System Improvement Project (NERPSIP) at an estimated cost of Rs 6,700 crore,” an official statement said.
