The Meghalaya government on Tuesday signed an agreement with the state owned North Eastern Electric Power Corporation Limited (NEEPCO) for commissioning of three hydro electric projects with a total generation capacity of 235 MW.
Deputy Chief Minister Prestone Tynsong, also in charge of the Power department, after the agreement signing ceremony, said the NEEPCO under the agreement would set up the Umiam stage 1, stage 2 and stage 3 hydro power plants.
The Umiam stage 3 is in the final stage and NEEPCO is expected to start the implementation process soon. Both Stage-I and Stage-II would cost around Rs 1,750 crore with 70 per cent loan.
